Kun Peng International (KPEA) 10-Q 21 Aug 23 2023 Q3 Quarterly report Financial data

Cover

Cover	9 Months Ended
	Jun. 30, 2023 shares
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2023
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--09-30
Entity File Number	333-169805
Entity Registrant Name	KUN PENG INTERNATIONAL LTD.
Entity Central Index Key	0001502557
Entity Tax Identification Number	32-0538640
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	1F, Building 3, No. 1001, Huihe South Street
Entity Address, Address Line Two	Banbidian Village
Entity Address, Address Line Three	Gaobeidian Town, Chaoyang District
Entity Address, City or Town	Beijing
Entity Address, Country	CN
Entity Address, Postal Zip Code	100025
City Area Code	86
Local Phone Number	1087227012
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	400,000,000

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)		Jun. 30, 2023	Sep. 30, 2022
Current assets
Cash and cash equivalents		$ 575,789	$ 267,131
Advance and prepayments		309,422	268,306
Total current assets		1,255,705	917,479
Noncurrent assets
Property, plant and equipment, net		86,946	134,023
Intangible assets, net		2,913	2,082
Security deposits		42,258	43,062
Right-of-use assets		517,179	675,655
Others		4,489	8,317
Total noncurrent assets		653,785	863,139
Total assets		1,909,490	1,780,618
Current liabilities
Trade payables		1,799,000	799,551
Other payables and accrual		880,504	739,190
Deferred revenue		4,225,748	2,960,357
Payroll payable		63,417	53,890
Tax payable		151,091	47,330
Operating lease obligations-current portion		295,886	304,753
Total current liabilities		7,666,084	5,172,077
Noncurrent liabilities
Operating lease obligations-net of current portion		164,224	264,124
Total noncurrent liabilities		164,224	264,124
Total liabilities		7,830,308	5,436,201
Commitment and contingencies
Equity
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued and outstanding as of June 30, 2023 and September 30, 2022
Common stock, $0.0001 par value, 1,000,000,000 shares authorized; 400,000,000 shares issued and outstanding as of June 30, 2023 and September 30, 2022	[1]	40,000	40,000
Additional paid-in capital		164,085	(40,000)
Accumulated deficits		(6,275,741)	(3,653,996)
Accumulated other comprehensive income		431,792	279,367
Total stockholders’ equity		(5,639,864)	(3,374,629)
Non-controlling interests		(280,954)	(280,954)
Total equity		(5,920,818)	(3,655,583)	[2]
Total liabilities and equity		1,909,490	1,780,618
Nonrelated Party [Member]
Current assets
Other receivables		60,205	65,850
Related Party [Member]
Current assets
Other receivables		310,289	316,192
Current liabilities
Amounts due to related parties		$ 250,438	$ 267,006
[1]Outstanding shares as of September 30, 2022 retrospectively reflect the 10:1 forward stock split 10:1 forward stock split

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Oct. 18, 2022	Jun. 30, 2023	Oct. 12, 2022	Oct. 11, 2022	Sep. 30, 2022
Statement of Financial Position [Abstract]
Preferred stock par value		$ 0.0001			$ 0.0001
Preferred stock, shares authorized		10,000,000			10,000,000
Preferred stock, shares issued		0			0
Preferred stock, shares outstanding		0			0
Common stock par value		$ 0.0001	$ 0.0001	$ 0.0001	$ 0.0001
Common stock shares authorized		1,000,000,000	1,000,000,000	200,000,000	1,000,000,000
Common stock, shares outstanding	400,000,000	400,000,000			400,000,000
Common stock, shares issued	400,000,000	400,000,000			400,000,000
Stockholders equity note stock split	10:1 forward stock split

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)		3 Months Ended		9 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Statement [Abstract]
Revenue, net		$ 460,643	$ 642,596	$ 1,231,712	$ 7,330,768
Cost of revenue		(64,878)	(105,597)	(246,102)	(1,152,271)
Gross profit		395,765	536,999	985,610	6,178,497
Operating expenses
General and administrative expenses		423,757	460,024	1,383,119	1,278,220
Selling expense		1,231,189	767,506	2,323,347	5,901,192
Total operating expenses		1,654,946	1,227,530	3,706,466	7,179,412
Loss from operations		(1,259,181)	(690,531)	(2,720,856)	(1,000,915)
Other (expenses) income:
Interest income		122	61	218	1,776
Other (expenses) income		(10,352)	471	98,893	32,321
Total other (expenses) income, net		(10,230)	532	99,111	34,097
Loss before income taxes		(1,269,411)	(689,999)	(2,621,745)	(966,818)
Income tax expense
Net loss		(1,269,411)	(689,999)	(2,621,745)	(966,818)
Less: Net loss attributable to non-controlling interest			(50,324)		(64,323)
Net loss attributable to common stockholders		(1,269,411)	(639,675)	(2,621,745)	(902,495)
Foreign currency translation adjustment		239,743	145,766	152,425	111,684
Comprehensive loss		(1,029,668)	(544,233)	(2,469,320)	(855,134)
Less: Comprehensive loss attributable to noncontrolling interest			(40,425)		(56,764)
Comprehensive loss attributable to common stockholders		$ (1,029,668)	$ (503,808)	$ (2,469,320)	$ (798,370)
Net loss per share attributable to common stockholders
Basic	[1]	$ (0.0032)	$ (0.0016)	$ (0.007)	$ (0.0023)
Diluted	[1]	$ (0.0032)	$ (0.0016)	$ (0.007)	$ (0.0023)
Weighted average shares used to compute net loss per share attributable to common stockholders	[1]	400,000,000	400,000,000	400,000,000	400,000,000
[1]Outstanding and issued shares retrospectively reflect the 10:1 forward stock split

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) (Parenthetical)	Oct. 18, 2022
Income Statement [Abstract]
Stockholders equity note stock split	10:1 forward stock split

Condensed Consolidated Statem_3

Condensed Consolidated Statement of Changes in Stockholders' Deficit (Unaudited) - USD ($)		Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Parent [Member]	Noncontrolling Interest [Member]	Total
Balance at Sep. 30, 2021		$ 4,000	$ (4,000)	$ (1,821,105)	$ (32,016)	$ (1,853,121)	$ (165,033)	$ (2,018,154)
Balance, shares at Sep. 30, 2021		40,000,000
Net loss attributable to common stockholders				(902,495)		(902,495)		(902,495)
Foreign currency translation adjustment					104,125	104,125	7,559	111,684
Net loss attributable to noncontrolling interest							(64,323)	(64,323)
Balance at Jun. 30, 2022		$ 4,000	(4,000)	(2,723,600)	72,109	(2,651,491)	(221,797)	(2,873,288)
Balance, shares at Jun. 30, 2022		40,000,000
Balance at Mar. 31, 2022		$ 4,000	(4,000)	(2,083,925)	(63,758)	(2,147,683)	(181,372)	(2,329,055)
Balance, shares at Mar. 31, 2022		40,000,000
Net loss attributable to common stockholders				(639,675)		(639,675)		(639,675)
Foreign currency translation adjustment					135,867	135,867	9,899	145,766
Net loss attributable to noncontrolling interest							(50,324)	(50,324)
Balance at Jun. 30, 2022		$ 4,000	(4,000)	(2,723,600)	72,109	(2,651,491)	(221,797)	(2,873,288)
Balance, shares at Jun. 30, 2022		40,000,000
Balance at Sep. 30, 2022	[1]	$ 40,000	(40,000)	(3,653,996)	279,367	(3,374,629)	(280,954)	(3,655,583)
Balance, shares at Sep. 30, 2022	[1]	400,000,000
Net loss attributable to common stockholders				(2,621,745)		(2,621,745)		(2,621,745)
Capital contribution			204,085			204,085		204,085
Foreign currency translation adjustment					152,425	152,425		152,425
Net loss attributable to noncontrolling interest
Balance at Jun. 30, 2023		$ 40,000	164,085	(6,275,741)	431,792	(5,639,865)	(280,954)	(5,920,818)
Balance, shares at Jun. 30, 2023		400,000,000
Balance at Mar. 31, 2023		$ 40,000	149,295	(5,006,330)	192,049	(4,624,986)	(280,954)	(4,905,940)
Balance, shares at Mar. 31, 2023		400,000,000
Net loss attributable to common stockholders				(1,269,411)		(1,269,411)		(1,269,411)
Capital contribution			14,790					14,790
Foreign currency translation adjustment					239,743	239,743		239,743
Net loss attributable to noncontrolling interest
Balance at Jun. 30, 2023		$ 40,000	$ 164,085	$ (6,275,741)	$ 431,792	$ (5,639,865)	$ (280,954)	$ (5,920,818)
Balance, shares at Jun. 30, 2023		400,000,000
[1]Outstanding and issued shares retrospectively reflect the 10:1 forward stock split

Condensed Consolidated Statem_4

Condensed Consolidated Statement of Changes in Stockholders' Deficit (Unaudited) (Parenthetical)	Oct. 18, 2022
Statement of Stockholders' Equity [Abstract]
Stockholders equity note stock split	10:1 forward stock split

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities
Net loss	$ (2,621,745)	$ (966,818)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities
Depreciation and amortization	46,525	43,892
Amortization of right-of-use assets	237,538	305,054
Loss on disposal of property and equipment		3,809
Changes in operating assets and liabilities
Advance and prepayments	(44,048)	99,371
Other receivables	4,582	(23,467)
Security deposits		(53,231)
Trade payables	1,052,509	43,052
Other payables and accrual	161,547	(701,066)
Deferred revenue	1,370,302	(144,800)
Payroll payable	10,930	(39,100)
Amounts due to related parties	(12,020)	255,318
Tax payable	124,620	(158,430)
Lease liabilities	(187,951)	(353,325)
Net cash provided by (used in) operating activities	142,789	(1,689,741)
Cash flows from investing activities
Purchase of property and equipment		(856)
Payments for construction-in-progress		(95,125)
Acquisition of trademarks	(1,177)
Net cash used in investing activities	(1,177)	(95,981)
Cash flows from financing activities
Capital contribution	200,327
Net cash provided by financing activities	200,327
Effect of exchange rate changes on cash	(33,281)	(10,223)
Net increase (decrease) in cash and cash equivalents	308,658	(1,795,945)
Cash and cash equivalents, beginning balance	267,131	2,059,685
Cash and cash equivalents, ending balance	575,789	263,740
Supplementary cash flows information:
Cash paid for interest
Cash paid for income tax
Non-cash financing and investing activities:
Right-of-use assets acquired with operating lease obligation	$ 110,738	$ 608,762

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	9 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS Kun Peng International Limited (“the Company,” “KPIL,” “KPEA,” “we,” “us,” “our”), a Nevada corporation (formerly known as CX Network Group, Inc.), through its subsidiaries and VIE, is currently engaged in the sale of health care and health-related household products through its online platforms, King Eagle Mall and Kun Zhi Jian. SCHEDULE OF COMPANY INFORMATION AND ORGANIZATIONAL ACTIVITIES Name Background Ownership Registered capital / Authorized shares Principal activities Kun Peng International Limited ● A U.S. company ● Incorporated on June 28, 2017 Authorized shares: ● Common stock: 1,000,000,000 0.0001 ● 400,000,000 Preferred stock: ● 10,000,000 0.0001 ● no Investment holding Kun Peng International Holding Limited ● A BVI company ● Incorporated on April 20, 2021 100 Paid capital: 400 0.01 Investment holding Kunpeng (China) Industrial Development Company Limited ● A Hong Kong company ● Incorporated on August 11, 2017 ● Approvals for deregistration 100 Paid share capital : 10,000 1,292 10,000 Investment holding Kun Peng (Hong Kong) Industrial Development Limited ● A Hong Kong company ● Incorporated on June 21, 2021 100 Paid share capital: 1 0.13 1 Investment holding Kun Peng Tian Yu Health Technology (Tianjin) Co., Ltd. ● a limited liability company incorporated in the People’s Republic of China ● Incorporated on August 10, 2021 100 Registered capital of RMB 5 0.7 Exploring future business opportunities King Eagle (China) Co., Ltd ● a wholly foreign owned enterprise (“WFOE”) until March 3, 2023 ● Incorporated on March 20, 2019 Wholly owned by Kun Peng (China) Industrial Development Company Limited until March 3, 2023 Starting March 3, 2023, 49 51 Registered capital: approximately $ 15 100 Providing technical and management support to King Eagle VIE King Eagle (Tianjin) Technology Co., Ltd. ● a limited liability company incorporated in the People’s Republic of China ● Incorporated on September 2, 2020 ● Became a variable interest entity (VIE) of King Eagle (China) Co., Ltd on May 15, 2021 Owned by multiple individuals: Chengyuan Li (approximately 45.5 10.5 10 6 5 Registered capital of approximately $ 1.5 10 Paid-in capital approximately $ 0.2 1.4 Operating King Eagle Mall King Eagle (Beijing) Technology Co., Ltd ● a limited liability company incorporated in the People’s Republic of China ● Incorporated on December 1, 2022 100 Registered capital of RMB 5 0.7 Paid-in capital approximately $ 0.7 4.9 Commenced operations in January 2023; operates the new online platform, Kun Zhi Jian Authorized Shares and Name Change Effective as of September 9, 2021, the Company’s Articles of Incorporation were amended to increase the Company’s authorized capital to 210,000,000 200,000,000 0.0001 10,000,000 0.0001 Effective October 12, 2022, we increased our authorized common stock from 200,000,000 0.0001 1,000,000,000 0.0001 400,000,000 On November 8, 2022, the Company changed its name from CX Network Group, Inc. to Kun Peng International Ltd. and its trading symbol was changed to “KPEA.” On November 11, 2022, the Company received an electronic notice that OTC Markets had approved its application for uplisting from OTC Pink to the OTCQB Venture Market (OTCQB). The Company’s securities commenced trading on the OTCQB at the market open on November 14, 2022. The Company’s shares trade on the OTCQB under the current ticker symbol, “KPEA.” Kun Peng International Holding Limited Kun Peng International Holding Limited (“KP International Holding”) was incorporated in the British Virgin Islands on April 20, 2021. On May 3, 2021, KP International Holding purchased all of the issued and outstanding equity securities of Kunpeng (China) Industrial Development Company Limited (“KP Industrial”), incorporated in Hong Kong on August 11, 2017, at a cash consideration of $ 0.129 1 Kunpeng (China) Industrial Development Company Limited Kunpeng (China) Industrial Development Company Limited (“KP Industrial”) was incorporated as a limited liability company in Hong Kong under the name of Jing Jin Ji Investment Group Co., Limited (“Jing Jin Ji”) on August 11, 2017. The share capital of KP Industrial is 10,000 1,292 10,000 On November 1, 2022, KP Industrial approved and entered into ownership transfer agreements with Kun Peng (Hong Kong) Industrial Development Limited and Kun Peng Tian Yu Health Technology Co., Ltd. The agreements provide that KP Industrial agreed to transfer 49 51 On May 9, 2023, KP Industrial ’ s director and its sole shareholder, KP International Holding, approved a deregistration of KP Industrial. The entity filed a request for a “ Notice of No Objection to a Company being Deregistered ” with the Hong Kong Inland Revenue Department on the same day. The application for such notice is being reviewed by the Hong Kong Inland Revenue Department. Upon approval and issuance of a “ Notice of No Objection ” by the Hong Kong Inland Revenue Department, KP Industrial is required to submit an application for deregistration to the Hong Kong Company Registry. We estimate that the entire deregistration process will be completed in January 2024. Kun Peng (Hong Kong) Industrial Development Limited Kun Peng (Hong Kong) Industrial Development Limited (“KP (Hong Kong)”) was incorporated as a limited liability company in Hong Kong on June 21, 2021. It is a holding company and is wholly owned by Kun Peng International Holding Limited. The share capital of this entity upon formation is $ 0.13 1 Kun Peng Tian Yu Health Technology (Tianjin) Co., Ltd. Kun Peng Tian Yu Health Technology Co., Ltd. (“KP Tian Yu”) was incorporated as a limited liability company in Tianjin Pilot Free Trade Zone in the People’s Republic of China on August 10, 2021 with a registered capital of $ 5 King Eagle (China) Co., Ltd. King Eagle (China) Co., Ltd. (“King Eagle (China)”) was incorporated as a limited liability company in the Beijing Economic Technological Development Zone in the People’s Republic of China (“the PRC”) on March 20, 2019 with a registered capital of approximately $ 15 100 2.2 15 15 On March 26, 2021, Guoxin Ruilian Group Co., Ltd entered into equity transfer agreements with KP Industrial and Guoxin Zhengye. Both Guoxin Ruilian Group Co., Ltd and Guoxin Zhengye are wholly owned by a common shareholder, Guoxin United Holdings Group Co., Ltd. Under the agreements, Guoxin Ruilian Group Co., Ltd agreed to transfer its 8 7 92 8 8 On November 1, 2022, KP Industrial approved and entered into ownership transfer agreements with Kun Peng (Hong Kong) Industrial Development Limited and Kun Peng Tian Yu Health Technology Co., Ltd. The agreements provide that KP Industrial agreed to transfer 49 51 King Eagle (Tianjin) Technology Co., Ltd. King Eagle (Tianjin) Technology Co., Ltd. (“King Eagle (Tianjin)”) was incorporated as a limited liability company in Tianjin Pilot Free Trade Zone in the People’s Republic of China on September 2, 2020, with a registered capital of approximately $ 1.5 10 45.5 10.5 10 6 5 Some of the business engaged in by King Eagle (Tianjin) is restricted or prohibited for foreign investment under PRC regulations. Therefore, King Eagle (China) has entered into VIE Agreements with King Eagle (Tianjin) and its shareholders. We do not own any equity interests in King Eagle (Tianjin), but control and receive the economic benefits of its business operations through the VIE Agreements. The VIE Agreements enable us to provide King Eagle (Tianjin) with consulting services on an exclusive basis in exchange for all of its annual profits, if any. In addition, we are able to appoint its senior executives and approve all matters requiring approval of its shareholders. The VIE Agreements are comprised of a Consulting Service Agreement, Business Operation Agreement, Proxy Agreement, Equity Disposal Agreement, and Equity Pledge Agreement. Under current Chinese laws and regulations, the Company believes that the VIE Agreements are not subject to any government approval. The shareholders of King Eagle (Tianjin) were required to register with SAFE when they established offshore vehicles to hold KP International; such SAFE registration was effected on May 14, 2021. These shareholders of King Eagle (Tianjin) were required to register their equity pledge arrangement as required under the Equity Pledge Agreement with King Eagle (China). The Company faces uncertainty with respect to future actions by the PRC government that could significantly affect King Eagle (Tianjin)’s financial performance and the enforceability of the VIE Agreements. King Eagle (Beijing) Technology Co. Ltd. King Eagle (Beijing) Technology Co., Ltd (“King Eagle (Beijing)”) was incorporated as a limited liability company in Beijing in the People’s Republic of China on December 1, 2022 with a registered capital of RMB 5 0.7

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) applicable to quarterly financial information and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the Securities and Exchange Commission. Accordingly, they do not include all of the information and disclosure required by accounting principles generally accepted in the United States of America for complete financial statements. Quarterly results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the quarterly periods have been included. These condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto for the year ended September 30, 2022 included in the Form 10-K filed with the SEC on December 29, 2022. The condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America. This basis of accounting involves the application of accrual accounting and, consequently, revenues and gains are recognized when earned and expenses and losses are recognized when incurred. The condensed consolidated financial statements are expressed in U.S. dollars. Basis of Consolidation The condensed consolidated financial statements include the financial statements of the Company, its subsidiaries and its variable interest entity (“VIE”). All significant intercompany transactions and balances within the Company have been eliminated upon consolidation. Use of Estimates and Assumptions The preparation of the condensed consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that impact the presented amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the presented amounts of revenues and expenses during the period. Actual results may differ from those estimates. Significant estimates during the nine months ended June 30, 2023 and 2022 include the collectability of receivables, the useful lives of long-lived assets and intangibles, assumptions used in assessing impairment of long-lived assets, valuation of accruals for expenses and tax due. Reclassification Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation. Such reclassifications had no effect on the prior period net income, accumulated deficit, net assets, or total shareholders’ deficit. Going Concern The accompanying condensed consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America which contemplate continuation of the Company on a going concern basis. The going-concern basis assures that assets are realized and liabilities are extinguished in the ordinary course of business at amounts disclosed on the financial statements. The Company’s ability to continue as a going concern depends on the liquidation of its current assets and business developments. In assessing the Company’s liquidity, the Company monitors and analyzes its cash and cash equivalents and its operating and capital expenditure commitments. The Company’s liquidity needs are to meet its working capital requirements, operating expenses, and capital expenditure obligations. For the nine months ended June 30, 2023, although the Company incurred cash inflows from operating activities and financing activities of $ 142,789 200,327 2,621,745 6,410,379 128,512 136,857 The Company continues to monitor its operations to help refine the Company’s financial liquidity. Options under consideration in the review process include, but are not limited to, increasing sales through the Company’s online business , In order to continue as a going concern for the next 12 months, the Company continues to focus on increasing its revenue through its online platforms and streamlining its overhead costs or obtaining financing from its stockholders or directors. Our service agents and our sales and marketing department continue to launch marketing campaigns every week to promote our own brand products, particularly thermal therapy cabins. However, the Company cannot provide any assurance that it will be able to increase revenue or that it will be able to successfully implement its business plan, or that financing will be available to it on commercially acceptable terms, if at all. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern. We expect that our directors will continue to support the group by providing adequate financial assistance to enable the group to continue its business operations for the foreseeable future. COVID-19 Outbreak Businesses and markets in mainland China have reopened and mainland China relaxed its policies and controls relating to COVID-19 in early December 2022. In addition, in July 2023, the PRC government fully opened its border to foreigners without requirements of quarantine or application for a health code upon arrival in the PRC. However, it will take time for the country to recover from the impact of COVID-19 and the effects of the restrictive governmental policies and controls. The administrative processing of the PRC local government agencies has not yet fully resumed. We continue to follow up on the status of our applications for Smart Kiosks and we estimate the administrative processing of our applications at the local government agencies may be resumed by the end of calendar year 2023. The Company continues to focus its business on its online platform, King Eagle Mall, and to promote its own brand of consumer health care and health related household products on its new online platform, Kun Zhi Jian, which was introduced and implemented in October 2022 to mitigate the adverse impacts of COVID-19. The Company also follows up closely with the local governmental agencies regarding its applications for construction permits for Smart Kiosks. The Company expects to obtain government approval by December 2023. While we do not expect that the virus will continue to have a material adverse effect on our business or financial results at this time, it is not possible to predict the unanticipated consequence of the pandemic on our future business performance and liquidity. The Company continues to monitor and assess the evolving situation closely and evaluate its potential exposure. Earnings (loss) Per Share Basic income (loss) per share is computed by dividing net income (loss) attributable to the holders of our common stock by the weighted average number of shares of common stock outstanding during the year. Diluted income (loss) per share is calculated by dividing net income (loss) attributable to the holders of our common stock, as adjusted for the effect of dilutive common stock equivalents, if any, by the weighted average number of shares of common stock and dilutive common stock equivalents outstanding during the period. However, common stock equivalents are not included in the denominator of the diluted earnings per share calculation when inclusion of such shares would be anti-dilutive, such as in a period in which a net loss is recorded. Foreign Currency Translation The reporting currency of the Company is the U.S. Dollar. Our entity in the British Virgin Islands uses the U.S. dollar. Our entities in the PRC and Hong Kong use the local currencies, Renminbi (RMB) and Hong Kong Dollar (HKD), as their respective functional currencies as determined based on the criteria of ASC 830, “Foreign Currency Translation.” Assets and liabilities are translated at the unified exchange rate at the end of the period. Income and expense accounts are translated at the average translation rates and equity accounts are translated at historical rates. Translation adjustments resulting from this process are included in accumulated other comprehensive income in the statement of equity. Transaction gains and losses that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in the results of operations as incurred. Translation adjustments included in accumulated other comprehensive loss amounted to $ 152,425 111,684 The following table shows the foreign exchange rates used for translation: SCHEDULE OF FOREIGN EXCHANGE RATES Exchange rates set forth in the H.10 statistical release of the Federal Reserve Board Hong Kong Dollar (HKD) Chinese Renminbi (RMB) For the nine month period ended June 30, 2023 (Average Rate) United States dollar ($1) 7.8335 6.9886 As of June 30, 2023 (Closing Rate) United States dollar ($1) 7.8363 7.2513 Exchange rates set forth on the www.xe.com Hong Kong Dollar (HKD) Chinese Renminbi (RMB) For the nine month period ended June 30, 2022 (Average Rate) United States dollar ($1) 7.8134 6.4489 As of September 30, 2022 (Closing Rate) United States dollar ($1) 7.8500 7.1159 Cash and Cash Equivalents Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and a certain amount of cash kept in electronic wallets, “e-wallets.” We consider all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. We maintain accounts with various financial institutions in the PRC and in e-wallets. As of June 30, 2023 and September 30, 2022, cash balances held in PRC banks are uninsured. Monies that are held in e-wallets are deemed equivalent to cash, are highly liquid, and are relatively unsafe compared to cash in banks . Financial Instruments The carrying amounts reported in the balance sheet for cash, other receivables, accrued liabilities, and other payables approximate fair value because of the immediate or short-term maturities of these financial instruments. Property and Equipment Property and equipment are stated at cost less accumulated depreciation and impairment losses. Gains and losses on dispositions of property and equipment are included in operating income (loss). Major additions, renewals, and improvements are capitalized, while maintenance and repairs are recognized as expense as incurred. Depreciation is provided over the estimated useful life of each class of depreciable assets and is computed using the straight-line method over the useful lives of the assets as follows: SCHEDULE OF PROPERTY PLANT AND EQUIPMENT USEFUL LIVES Classification Estimated useful life Leasehold improvements 5 Office equipment 3 Computer equipment 3 Computer software 5 Fair Value Measurements The Company applies the provisions of ASC Subtopic 820-10, “Fair Value Measurements,” for fair value measurements of financial assets and financial liabilities and for fair value measurements of non-financial items that are recognized or disclosed at fair value in the financial statements. ASC 820 also establishes a framework for measuring fair value and expands disclosures about fair value measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required or permitted to be recorded at fair value, the Company considers the principal or most advantageous market in which it would transact and it considers assumptions that market participants would use when pricing the asset or liability. ASC 820 establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes three levels of inputs that may be used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: ● Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. ● Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the assets or liability, either directly or indirectly, for substantially the full term of the financial instruments. ● Level 3 inputs to the valuation methodology are unobservable and significant to the fair value. The Company’s financial assets and liabilities include cash, receivables, accounts payable, and accrued expenses. Related Party Transactions The Company follows the ASC 850-10, “Related Party Disclosures” for the identification of related parties and disclosure of related party transactions. Pursuant to section 850-10-20, related parties include a) affiliates of the Company; b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of section 825–10–15, to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and income-sharing trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. The condensed consolidated financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: a) the nature of the relationship(s) involved; b) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented; and c) such other information deemed necessary to an understanding of the nature of the related party transactions. Comprehensive (Loss) Income Other comprehensive (loss) income refers to revenues, expenses, gains, and losses that under generally accepted accounting principles are included in comprehensive income but are excluded from net (loss) income as these amounts are recorded directly as an adjustment to stockholders’ equity. Our other comprehensive (loss) income for the nine months ended June 30, 2023 and 2022 was comprised of foreign currency translation adjustments. Revenue Recognition Revenue is comprised of sales of goods and represents the amount of consideration the Company is entitled to upon the transfer of goods. Revenue was recorded on a gross basis, net of surcharges and value added tax (“VAT”) of gross sales. The Company recorded revenue on a gross basis because the Company is the primary obligor of the sales arrangements, has latitude in establishing prices, has discretion in suppliers’ selection, and assumes credit risks on receivables on gross sales from customers. The Company adopted Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”) using the full retrospective transition method. The Company’s adoption of ASU 2014-09 did not have a material impact on the amount and timing of revenue recognized in its consolidated financial statements. The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements: ● identify the contract with a customer; ● identify the performance obligations in the contract; ● determine the transaction price; ● allocate the transaction price to performance obligations in the contract; and ● recognize revenue as the performance obligation is satisfied. Consistent with the criteria of ASC 606 “Revenue from Contracts with Customers,” we recognize revenue when performance obligations are satisfied by transferring control of a promised good or service to a customer. For performance obligations that are satisfied at a point in time, we also consider the following indicators to assess whether control of a promised good or service is transferred to the customer: (i) right to payment; (ii) legal title; (iii) physical possession; (iv) significant risks and rewards of ownership; and (v) acceptance of the good or service. For performance obligations satisfied over time, we recognize revenue over time by measuring the progress toward complete satisfaction of a performance obligation. We recognize revenue when control of the promised goods is transferred to customers of King Eagle Mall and our new online platform. Revenue is measured at the transaction price, which is based on the amount of consideration that we expect to receive in exchange for transferring the promised goods to our customers. The revenue mainly includes two customer types: retail (“King Eagle Mall” online platform) and wholesale (“Kun Zhi Jian,” our new online platform). The revenue is recognized at a point in time when control of the promised goods is transferred to our customers. Deferred Revenue Deferred revenue results from transactions where the Company has received the payments from the customers but revenue recognition criteria under the five-step model of ASC Topic 606 have yet to be met. Once all revenue recognition criteria have been satisfied, the revenues will be recognized upon the transfer of risk and rewards to the customers in the consolidated statement of operations. We anticipate that approximately $ 1.5 2.7 Accrued Product Liability The Company records accruals for product liability when deemed probable and estimable based on facts and circumstances and prior claims experience. Accruals for product credit are valued based upon the Company’s prior claims experience, including defective goods and goods lost in transit. As we have experienced insignificant amounts of goods returned and claims from goods lost in transit in the past, our product liability is insignificant; therefore, management believes product liability accrual as at June 30, 2023 and September 30, 2022 is de minimis. Discount allowed - Accrued Store-Credit We provide store-credit, “Golden Beans,” to our customers after sales of goods to them. The Golden Beans can be utilized against their future purchases with restrictions and expiry date. The amount utilized will be recognized as direct discount as and when the sales arise, and the price net of this discount has been controlled and set by management to ensure that the sales will always result in a gross profit. As such, we do not accrue any liability from this store-credit as there is no present obligation arising from Golden Beans as of June 30, 2023 and September 30, 2022, and the utilization of these Golden Beans is not expected to result in an outflow from the Company’s resources embodying economic benefits. Lease Under ASC Topic 842, the Company determines if an arrangement is a lease at inception. Lease assets and liabilities are recognized at the present value of the future lease payments at the lease commencement date. The interest rate used to determine the present value of the future lease payments is the Company’s incremental borrowing rate based on the information available at the lease commencement date. The Company generally uses the base, non-cancelable lease term in calculating the right-of-use assets and lease liabilities. The Company may recognize the lease payments in the condensed consolidated statements of operation on a straight-line basis over the lease terms and variable lease payments in the periods in which the obligations for those payments are incurred, if any. The lease payments under the lease arrangements are fixed. The Company elected the package of practical expedients, which allows the Company to carry-forward its historical lease classification, its assessment on whether a contract is or contains a lease, and its initial direct costs for any lease that exists prior to adoption of the new standard. The Company also elected to apply the short-term lease exception for lease arrangements with a lease term of 12 months or less at commencement. Lease terms used to compute the present value of lease payments do not include any option to extend, renew, or terminate the lease that the Company is not reasonably certain to exercise upon the lease inception. Accordingly, operating lease right-of-use assets and liabilities do not include leases with a lease term of 12 months or less. Research and Development Expenses Research and development (R&D) expenses are all costs associated with the original development and design of the product as well as any intellectual property (IP) generated during the development phase, including patents and copyrights. Research and development expenses are included in the overall operating expenses and reflected as a separate line item on the consolidated statement of operations. We purchase the consumer preventive health food and health related household products sold on our platforms from our suppliers and we did not develop, design, or manufacture those products. Moreover, although we have built our online platform and mobile commerce in-house, the compensation costs for our in-house technology team were not significant. Accordingly, instead of capitalizing the compensation costs of our in-house technology team as research and development on the Balance Sheet or presenting them as research and development expenses, we included these amounts in employee compensation and benefit expenses within general and administrative expenses for the nine months ended June 30, 2023 and 2022. Selling Expenses Selling expenses consist primarily of marketing and promotional service fees to service agents and other costs incurred by our sales and marketing department, such as staff costs, office supplies, and other incidental expenses that are incurred directly to attract or retain consumers. Our selling expenses for the nine months ended June 30, 2023 and 2022 were $ 2,323,347 5,901,192 1,506,180 5,274,068 Accounting Pronouncements Issued But Not Yet Adopted Financial Instruments In the period from June 2023 through mid-August 2023, the FASB has not issued additional accounting standards updates.

VARIABLE INTEREST ENTITIES _VIE

VARIABLE INTEREST ENTITIES “VIE” ARRANGEMENTS	9 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
VARIABLE INTEREST ENTITIES “VIE” ARRANGEMENTS	NOTE 3 - VARIABLE INTEREST ENTITIES “VIE” ARRANGEMENTS On May 15, 2021, King Eagle (China) entered into a series of contractual arrangements with King Eagle (Tianjin) and its shareholders. As a result of the contractual arrangements, the Company classified King Eagle (Tianjin) as a Variable Interest Entity “VIE.” King Eagle (Tianjin) was incorporated as a limited liability company in Tianjin Pilot Free Trade Zone in the People’s Republic of China on September 2, 2020, with a registered capital of approximately $ 1.5 10 45.5 10.5 6 6 6 6 5 10 5 The VIE Agreements are as follows: (1) Consulting Service Agreement (2) Business Operation Agreement (3) Proxy Agreement (4) Equity Disposal Agreement (5) Equity Pledge Agreement Consulting Service Agreement Pursuant to the terms of the Consulting Service Agreement dated May 15, 2021 between King Eagle (China) and King Eagle (Tianjin) (the “Consulting Service Agreement”), King Eagle (China) is the exclusive consulting service provider for King Eagle (Tianjin) to provide business-related software research and development services; design, installation, and testing services; network equipment support, upgrade, maintenance, monitoring, and problem-solving services; employee technical training services; technology development and sublicensing services; public relations services; market investigation, research, and consultation services; short to medium term marketing plan-making services; compliance consultation services; marketing events and membership related activities organizing services; intellectual property permits; equipment and rental services; and business-related management consulting services. Pursuant to the Consulting Service Agreement, the service fee is the remaining amount of King Eagle (Tianjin)’s profit before tax in the corresponding year after deducting King Eagle (Tianjin)’s losses, if any, in the previous year, the necessary costs, expenses, taxes, and fees incurred in the corresponding year, and the withdrawals of the statutory provident fund. King Eagle (Tianjin) agreed not to transfer its rights and obligations under the Consulting Service Agreement to any third party without prior written consent from King Eagle (China). In addition, King Eagle (China) may transfer its rights and obligations under the Consulting Service Agreement to King Eagle (China)’s affiliates without King Eagle (Tianjin)’s consent, but King Eagle (China) shall notify King Eagle (Tianjin) of such transfer. The Consulting Service Agreement is valid for a term of 10 years subject to any extension requested by King Eagle (China) unless terminated by King Eagle (China) unilaterally prior to the expiration. Business Operation Agreement Pursuant to the terms of the Business Operation Agreement dated May 15, 2021, among King Eagle (China), King Eagle (Tianjin) and the shareholders of King Eagle (Tianjin) (the “Business Operation Agreement”), King Eagle (Tianjin) has agreed to subject the operations and management of its business to the control of King Eagle (China). According to the Business Operation Agreement, King Eagle (Tianjin) is not allowed to conduct any transaction that has substantial impact upon its operations, assets, rights, obligations, and personnel without King Eagle (China)’s written approval. The shareholders of King Eagle (Tianjin) and King Eagle (Tianjin) will take King Eagle (China)’s advice on the appointment or dismissal of directors, employment of King Eagle (Tianjin)’s employees, regular operation, and financial management. The shareholders of King Eagle (Tianjin) have agreed to transfer any dividends, distributions, or any other profits that they receive as the shareholders of King Eagle (Tianjin) to King Eagle (China) without consideration. The Business Operation Agreement is valid for a term of 10 years or longer upon the request of King Eagle (China) prior to the expiration thereof. The Business Operation Agreement might be terminated earlier by King Eagle (China) with a 30-day written notice. Proxy Agreement Pursuant to the terms of the Proxy Agreement dated May 15, 2021 among King Eagle (China) and the shareholders of King Eagle (Tianjin) (the “Proxy Agreement”), the shareholders of King Eagle (Tianjin) have entrusted their voting rights as King Eagle (Tianjin)’s shareholders to King Eagle (China) for the longest duration permitted by PRC law. The Proxy Agreement can be terminated by mutual consent of the King Eagle (Tianjin) shareholders and King Eagle (China) or upon 30-day notice by King Eagle (China). Equity Disposal Agreement Pursuant to the terms of the Equity Disposal Agreement dated May 15, 2021 among King Eagle (China), King Eagle (Tianjin), and the shareholders of King Eagle (Tianjin) (the “Equity Disposal Agreement”), the shareholders of King Eagle (Tianjin) granted King Eagle (China) or its designees an irrevocable and exclusive purchase option (the “Option”) to purchase all or part of King Eagle (Tianjin)’s equity interests and/or assets at the lowest purchase price permitted by PRC laws and regulations. The Option is exercisable at any time at King Eagle (China)’s discretion in full or in part, to the extent permitted by PRC law. The shareholders of King Eagle (Tianjin) agreed to give King Eagle (Tianjin) the total amount of the exercise price as a gift, or other method, upon King Eagle (China)’s written consent to transfer the exercise price to King Eagle (Tianjin). The Equity Disposal Agreement is valid for a term of 10 years or longer upon the request of King Eagle (China). Equity Pledge Agreement Pursuant to the terms of the Equity Pledge Agreement dated May 15, 2021 among King Eagle (China) and the shareholders of King Eagle (Tianjin) (the “Pledge Agreement”), the shareholders of King Eagle (Tianjin) pledged all of their equity interests in King Eagle (Tianjin) to King Eagle (China), including the proceeds thereof, to guarantee King Eagle (Tianjin)’s performance of its obligations under the Business Operation Agreement, the Consulting Service Agreement, and the Equity Disposal Agreement (each, an “Agreement” and, collectively, the “Agreements”). If King Eagle (Tianjin) or its shareholders breach their respective contractual obligations under any Agreement, or cause to occur one of the events regarded as an event of default under any Agreement, King Eagle (China), as pledgee, will be entitled to certain rights, including the right to dispose of the pledged equity interest in King Eagle (Tianjin). During the term of the Pledge Agreement, the pledged equity interests cannot be transferred without King Eagle (China)’s prior written consent. The Pledge Agreement is valid until all the obligations due under the Agreements have been fulfilled. A VIE is an entity that has either a total equity investment that is insufficient to permit the entity to finance its activities without additional subordinated financial support, or whose equity investors lack the characteristics of a controlling financial interest, such as through voting rights, the right to receive the expected residual returns of the entity, or the obligation to absorb the expected losses of the entity. The variable interest holder, if any, that has a controlling financial interest in a VIE is deemed to be the primary beneficiary and must consolidate the VIE. King Eagle (China) is deemed to have a controlling financial interest and be the primary beneficiary of King Eagle (Tianjin) because it has both of the following characteristics: (1) the power to direct the activities of King Eagle (Tianjin) that most significantly impact such entity’s economic performance; and (2) the obligation to absorb losses of, and the right to receive benefits from, King Eagle (Tianjin) that could potentially be significant to such entity. Pursuant to the Contractual Arrangements, King Eagle (Tianjin) pays service fees equal to all of its net profit after tax payments to King Eagle (China). At the same time, to King Eagle (China) is obligated to absorb all of King Eagle (Tianjin)’s losses. The Contractual Arrangements are designed so that King Eagle (Tianjin) operates to the benefit of King Eagle (China) and ultimately the Company. Based on the foregoing VIE Agreements, King Eagle (China) has effective 100% full control of King Eagle (Tianjin), which enables King Eagle (China) to receive all of King Eagle (Tianjin)’s expected residual returns and absorb its expected losses. Accordingly, the Company consolidates the accounts of King Eagle (Tianjin) and its subsidiary for the periods presented herein, in accordance with Accounting Standards Codification, or ASC 810-10, “Consolidation.” Accordingly, the accounts of King Eagle (Tianjin) are consolidated in the accompanying financial statements pursuant to ASC 810-10, “Consolidation.” In addition, the financial positions and results of operations of the Company’s subsidiaries are included in the Company’s financial statements. VIE Financial Information Set forth below is the condensed consolidated balance sheets information as of June 30, 2023 and September 30, 2022, condensed consolidated statements of operations and cash flows for the nine month periods ended June 30, 2023 and 2022, and showing financial information for the parent company, Kun Peng International Limited, the non-VIE subsidiaries (as defined below), and the VIE (as defined below), eliminating entries and consolidated information (in dollars). In the tables below, the column headings correspond to the following entities: For purposes of this section: “Parent entity” refers to Kun Peng International Limited; “Non-VIE and Non-WFOE subsidiaries” refers to the following entities: ● Kun Peng International Holding Limited (“KP International Holding”) ● Kunpeng (China) Industrial Development Company Limited (“KP Industrial”) ● Kun Peng (Hong Kong) Industrial Development Limited (“KP (Hong Kong)”) ● Kun Peng Tian Yu Health Technology Co., Ltd. (“KP Tian Yu”) until March 3, 2023 “WFOE” refers to King Eagle (China) Co., Ltd. (“King Eagle (China)”) until March 3, 2023 and KP Tian Yu commencing March 3, 2023 “VIE” refers to King Eagle (Tianjin) Technology Co., Ltd. (“King Eagle (Tianjin)”) and King Eagle (Beijing) Technology Co., Ltd (“King Eagle (Beijing)”) Condensed Consolidated Balance Sheet As of June 30, 2023 SCHEDULE OF VIE OF BALANCE SHEET Parent Only Non-VIE and Non-WFOE Subsidiaries Consolidated WFOE VIE and VIE’s Subsidiary Consolidated Elimination Entries and Reclassification Entries Consolidated Cash and cash equivalent $ - $ 7,166 $ 7 $ 533,096 $ - $ 540,269 Intercompany receivables-current - 243,095 (2) - 2,058,872 (1) (2,301,967 ) - Total current Assets - 287,975 7 3,269,690 (2,301,967 ) 1,255,705 Intercompany receivables-noncurrent - 4 - - (4 ) - Total non-current Assets 34,160 541,731 - 112,058 (34,164 ) 653,785 Total assets 34,160 829,706 7 3,381,748 (2,336,131 ) 1,909,490 Intercompany payables 676,487 1,675,014 (1) 372 (1) - (2,351,873 ) - Total current liabilities 691,487 (3) 1,938,705 372 7,402,853 (2,367,333 ) 7,666,084 Total noncurrent liabilities - 121,631 - 42,593 - 164,224 Total liabilities 691,487 2,060,336 372 7,445,446 (2,367,333 ) 7,830,308 Total shareholders’ Equity (657,327 ) (1,108,492 ) (365 ) (3,904,882 ) 31,202 (5,639,864 ) Non-controlling interests - (122,138 ) - (158,816 ) - (280,954 ) Total equity (657,327 ) (1,230,630 ) (365 ) (4,063,698 ) 31,202 (5,920,818 ) Total liabilities and equity $ 34,160 $ 829,706 7 3,381,748 (2,336,131 ) 1,909,490 (1) Intercompany receivables from non-VIE entities, WFOE, and parent entity and intercompany payables to VIE represent loans to non-VIE entities, WFOE, and parent entity for working capital purposes. (2) Intercompany receivables from the parent entity represent loans from King Eagle (China) to the parent entity for working capital purposes. (3) Intercompany payables to King Eagle (China) and VIE represent loans from King Eagle (China) and VIE to the parent entity for working capital purposes. As of September 30, 2022 Parent Only Non-VIE and Non-WFOE Subsidiaries Consolidated WFOE VIE Elimination Entries and Reclassification Entries Consolidated Cash and cash equivalent $ - $ 14 $ 11,581 $ 255,536 $ - $ 267,131 Intercompany receivables-current - - 179,211 (2) 1,684,751 (1) (1,863,962 ) - Total current Assets - 14 250,651 2,530,776 (1,863,962 ) 917,479 Intercompany receivables-noncurrent - 4 - - (4 ) - Total non-current Assets 34,160 4 755,365 107,774 (34,164 ) 863,139 Total assets 34,160 18 1,006,016 2,638,550 (1,898,126 ) 1,780,618 Intercompany payables 451,763 (3) 17,213 (1) (2) 1,428,180 (1) - (1,897,156 ) - Total current liabilities 515,763 17,213 1,924,426 4,611,831 (1,897,156 ) 5,172,077 Total noncurrent liabilities - - 242,100 22,024 - 264,124 Total liabilities 515,763 17,213 2,166,526 4,633,855 (1,897,156 ) 5,436,201 Total shareholders’ Equity (481,603 ) (17,195 ) (1,038,372 ) (1,836,489 ) (970 ) (3,374,629 ) Non-controlling interests - - (122,138 ) (158,816 ) - (280,954 ) Total equity (481,603 ) (17,195 ) (1,160,510 ) (1,995,305 ) (970 ) (3,655,583 ) Total liabilities and equity 34,160 18 1,006,016 2,638,550 (1,898,126 ) 1,780,618 (1) Intercompany receivables from non-VIE entities and WFOE and intercompany payables to VIE represent loans to non-VIE entities and WFOE for working capital purposes. (2) Intercompany receivables from the parent entity and non-VIE entities represent loans from King Eagle (China) to the parent entity and non-VIE entities for working capital purposes. (3) Intercompany payables to WFOE and VIE represent loans from King Eagle (China) and VIE to the parent entity for working capital purposes. Condensed Consolidated Statements of Operations Data SCHEDULE OF VIE DATA OF OPERATION Parent Only Non-VIE Subsidiaries Consolidated WFOE VIE and VIE’s subsidiary Eliminating adjustments Consolidated Totals Nine months ended June 30, 2023 Parent Only Non-VIE and Non-WFOE Subsidiaries Consolidated WFOE VIE and VIE’s Subsidiary Consolidated Eliminating Adjustments Consolidated Totals Revenue $ - $ - $ - $ 1,231,712 $ - $ 1,231,712 Intercompany revenue - 248,805 519,296 - (768,101 ) - Cost of revenue and related tax - 562 1,006 244,534 - 246,102 Gross profit - 248,243 518,290 987,178 (768,101 ) 985,610 Total operating expenses 175,724 239,092 604,401 2,687,249 3,706,466 Intercompany operating expenses - - - 768,101 (768,101 ) - (Loss) income from operations (175,724 ) 9,151 (86,111 ) (2,468,172 ) - (2,720,856 ) Other (expenses) income - (1,299 ) 461 99,949 - 99,111 (Loss) income before income taxes (175,724 ) 7,852 (85,650 ) (2,368,223 ) - (2,621,745 ) Income tax expense - - - - - - Net (loss) income (175,724 ) 7,852 (85,650 ) (2,368,223 ) - (2,621,745 ) Parent Only Non-VIE Subsidiaries Consolidated WFOE VIE Eliminating adjustments Consolidated Totals Nine months ended June 30, 2022 Parent Only Non-VIE and Non-WFOE Subsidiaries Consolidated WFOE VIE Eliminating Adjustments Consolidated Totals Revenue $ - $ - $ - $ 7,330,768 $ - $ 7,330,768 Intercompany revenue - - 1,044,488 - (1,044,488 ) - Cost of revenue and related tax - - 5,865 1,146,406 - 1,152,271 Gross profit - - 1,038,623 6,184,362 (1,044,488 ) 6,178,497 Total operating expenses 156,450 6,331 1,341,613 5,675,018 7,179,412 Intercompany operating expenses - - - 1,044,488 (1,044,488 ) - Loss from operations (156,450 ) (6,331 ) (302,990 ) (535,144 ) - (1,000,915 ) Other income - - 4,975 29,122 - 34,097 Loss before income taxes (156,450 ) (6,331 ) (298,015 ) (506,022 ) - (966,818 ) Income tax expense - - - - - - Net loss $ (156,450 ) $ (6,331 ) $ (298,015 ) $ (506,022 ) $ - $ (966,818 ) Condensed Consolidation Schedule of Cash Flows SCHEDULE OF VIE DATA OF CASH FLOWS Parent Only Non-VIE WFOE VIE and VIE’s subsidiary Eliminating Consolidated Nine months ended June 30, 2023 Parent Only Non-VIE Subsidiaries Consolidated WFOE VIE and VIE’s Subsidiary Eliminating Consolidated Net income (loss) $ (175,724 ) $ 7,852 $ (85,650 ) $ (2,368,223 ) $ - $ (2,621,745 ) Intercompany receivables - (329,669 ) - (881,574 ) 1,211,243 - Intercompany payables 224,724 335,344 190,896 443,776 (1,194,740 ) - Net cash provided by (used in) operating activities - 9,821 (13,007 ) 129,472 16,503 142,789 - Net cash used in investing activities - (571 ) (606 ) - - (1,177 ) Net cash provided by financing activities - - - 200,327 - 200,327 Effect of exchange rate fluctuation on cash $ - $ (10,629 ) $ (10,570 ) $ (16,719 ) $ (16,503 ) $ (33,281 ) Parent Only Non-VIE Subsidiaries Consolidated WFOE VIE Eliminating adjustments Consolidated Nine months ended June 30, 2022 Parent Only Non-VIE and Non-WFOE Subsidiaries Consolidated WFOE VIE Eliminating Adjustments Consolidated Net loss $ (156,450 ) $ (6,331 ) $ (298,015 ) $ (506,022 ) $ - $ (966,818 ) Intercompany receivables - - (41,943 ) (216,230 ) 258,173 - Intercompany payables 196,450 5,625 360,179 (304,015 ) (258,239 ) - Net cash provided by (used in) operating activities - (706 ) (7,187 ) (1,681,782 ) (66 ) (1,689,741 ) - Net cash used in investing activities - - (95,981 ) - - (95,981 ) Effect of exchange rate fluctuation on cash - 706 3,126 (14,121 ) 66 (10,223 ) The Company consolidated its VIE as of June 30, 2023 and September 30, 2022. The carrying amounts and classification of the VIE’s assets and liabilities included in the consolidated balance sheets are as follows: SCHEDULE OF VIE ASSETS AND LIABILITIES INCLUDED IN THE CONSOLIDATED BALANCE SHEETS June 30, 2023 September 30, 2022 Assets Current assets Cash and cash equivalents $ 568,616 $ 255,536 Trade receivable-intercompany 1,471,239 1,499,226 Advance and prepayments 274,915 214,188 Other receivables – third parties 56,998 60,109 Other receivables – intercompany 587,633 185,525 Amount due from a related party 310,289 316,192 Total current assets 3,269,690 2,530,776 Noncurrent assets Right-of-use assets 112,058 107,774 Total noncurrent assets 112,058 107,774 Total assets 3,381,748 2,638,550 Liabilities Current liabilities Trade payables 1,799,000 764,418 Other payables and accrual 865,374 489,003 Deferred revenue 4,225,748 2,960,357 Payroll payable 34,973 4,312 Tax payable 160,424 41,345 Amounts due to related parties 250,438 267,006 Operating lease obligations-current portion 66,896 85,390 Total current liabilities 7,402,853 4,611,831 Noncurrent liabilities Operating lease obligations-net of current portion 42,593 22,024 Total noncurrent liabilities 42,593 22,024 Total liabilities 7,445,446 4,633,855 Commitment and contingencies Equity Additional paid-in capital 204,085 - Accumulated deficits (4,380,976 ) (1,998,652 ) Accumulated other comprehensive income 272,009 162,163 Total stockholders’ equity (3,904,882 ) (1,836,489 ) Non-controlling interests (158,816 ) (158,816 ) Total equity (4,063,698 ) (1,995,305 ) Total liabilities and equity $ 3,381,748 $ 2,638,550 The operating results of the VIE were as follows: 2023 2022 2023 2022 Three months ended June 30, Nine months ended June 30, 2023 2022 2023 2022 Revenue, net $ 337,031 $ 642,596 $ 1,231,712 $ 7,330,768 Cost of revenue (66,912 ) (102,887 ) (244,534 ) (1,146,406 ) Gross profit 270,119 539,709 987,178 6,184,362 Operating expenses General and administrative expenses 242,687 90,281 557,152 215,072 Selling expense 1,324,034 1,316,172 2,898,198 6,504,434 Total operating expenses 1,566,721 1,406,453 3,455,350 6,719,506 Loss from operations (1,296,602 ) (866,774 ) (2,468,172 ) (535,144 ) Other (expenses) income: Interest income 119 49 203 1,704 Other (expenses) income (9,072 ) 2,644 99,746 27,418 Total other income, net (8,953 ) 2,693 99,949 29,122 Loss before income taxes (1,305,555 ) (864,051 ) (2,368,223 ) (506,022 ) Income tax expense - - - - Net loss (1,305,555 ) (864,051 ) (2,368,223 ) (506,022 ) Less: Net loss attributable to non-controlling interest - (69,120 ) - (40,482 ) Net loss attributable to Kun Peng International Ltd $ (1,305,555 ) $ (794,931 ) $ (2,368,223 ) $ (465,540 ) The cash flows of the VIE were as follows: 2023 2022 Nine months ended June 30, 2023 2022 Cash flows from operating activities Net loss $ (2,368,223 ) $ (506,022 ) Adjustments to reconcile net loss to net cash provided by (used in) operating activities Amortization of right-of-use assets 64,101 85,040 Changes in operating assets and liabilities Advance and prepayments (67,159 ) 60,562 Trade receivable – intercompany (443,092 ) - Other receivables – third parties 2,063 (48,489 ) Other receivables - intercompany (438,482 ) (216,230 ) Amount due from a related party - - Security deposits - (9,296 ) Trade payable – third parties 1,088,282 43,052 Trade payable – intercompany 442,263 (304,015 ) Other payables and accrual – third parties 399,992 (660,308 ) Other payables and accrual – intercompany 1,513 - Deferred revenue 1,370,302 (144,800 ) Payroll payable 31,898 (9,525 ) Amounts due to related parties (12,020 ) 294,932 Tax payable 124,358 (183,813 ) Lease liabilities (66,324 ) (82,870 ) Net cash provided by (used in) operating activities 129,472 (1,681,782 ) Cash flows from financing activities Capital contribution 200,327 - Net cash provided by financing activities 200,327 - Effect of exchange rate changes on cash (16,719 ) (14,121 ) Net increase (decrease) in cash and cash equivalents 313,080 (1,695,903 ) Cash and cash equivalents, beginning balance 255,536 1,938,642 Cash and cash equivalents, ending balance $ 568,616 $ 242,739

ADVANCE AND PREPAYMENTS

ADVANCE AND PREPAYMENTS	9 Months Ended
	Jun. 30, 2023
Advance And Prepayments
ADVANCE AND PREPAYMENTS	NOTE 4 - ADVANCE AND PREPAYMENTS Prepayments consisted of the following: SCHEDULE OF PREPAYMENTS June 30, September 30, 2023 2022 Prepaid rent and building management and utilities $ 22,707 $ 23,324 Prepaid supplies (1) 211,607 202,150 Prepaid income tax 5,058 5,154 Prepaid VAT tax 38,250 - Prepaid professional services (2) 21,946 25,941 Prepaid others 9,854 11,737 Total prepayments $ 309,422 $ 268,306 (1) As of June 30, 2023 and September 30, 2022, the Company had prepaid supplies of $ 211,607 202,150 (2) As of June 30, 2023, the ending balance of prepaid professional services included two types of prepayments, $ 9,194 12,752 As of September 30, 2022, the ending balance of prepaid professional services included two types of prepayments, $ 9,369 16,572 These amounts are expected to be recoverable within twelve (12) months.

OTHER RECEIVABLES

OTHER RECEIVABLES	9 Months Ended
	Jun. 30, 2023
Receivables [Abstract]
OTHER RECEIVABLES	NOTE 5 - OTHER RECEIVABLES Other receivables included the following: SCHEDULE OF OTHER RECEIVABLES June 30, September 30, 2023 2022 Rental deposits $ 13,177 $ 14,735 Advance to employees 11,575 45,250 Short-term borrowing to third parties 33,097 2,188 Others 2,356 3,677 Total other receivables, net $ 60,205 $ 65,850 Advance to employees represents funds provided to our officers and employees for business expenses, such as travel, parking, gasoline, membership, and meals, that are anticipated to be incurred by our officers and employees on behalf of the Company. Advances to employees are required to be repaid in cash within a year. Short-term borrowings to third parties represented capital funding to two third parties. Those loans were interest free and were repaid to King Eagle (Tianjin) on December 11, 2022 and August 11, 2023.

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET	9 Months Ended
	Jun. 30, 2023
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT, NET	NOTE 6 - PROPERTY AND EQUIPMENT, NET Property and equipment consisted of the following: SCHEDULE OF PROPERTY AND EQUIPMENT June 30, September 30, 2023 2022 Leasehold improvements $ 124,931 $ 127,301 Furniture and fixtures 1,212 1,235 Computer equipment 39,353 40,099 Office equipment 1,452 1,480 Subtotal 166,948 170,115 Less: accumulated depreciation (80,002 ) (36,092 ) Total property and equipment, net $ 86,946 $ 134,023 The depreciation expense was $ 15,361 8,069 46,250 43,689

INTANGIBLE ASSETS

INTANGIBLE ASSETS	9 Months Ended
	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 7 - INTANGIBLE ASSETS SCHEDULE OF INTANGIBLE ASSET June 30, September 30, 2023 2022 Trademarks $ 3,573 $ 2,449 Subtotal 3,573 2,449 Less: accumulated amortization (660 ) (367 ) Total intangible assets, net $ 2,913 $ 2,082 Intangible assets consist of the Company’s trademarks of King Eagle Mall with a useful life of ten years. Approximately $ 1,051 1,352 1,170 Amortization expense was $ 93 67 275 203

DEFERRED REVENUE

DEFERRED REVENUE	9 Months Ended
	Jun. 30, 2023
Deferred Revenue
DEFERRED REVENUE	NOTE 8 - DEFERRED REVENUE SCHEDULE OF DEFERRED REVENUE June 30, September 30, 2023 2022 Advance payments from customers $ 4,225,748 $ 2,960,357 Total deferred revenue $ 4,225,748 $ 2,960,357 Deferred revenue resulted from transactions where the Company received advanced payments from customers but revenue recognition criteria under the five-step model have yet to be met. As of June 30, 2023 and September 30, 2022, the Company had total deferred revenue of $ 4,225,748 2,960,357 1.5 2.7

RELATED PARTY BALANCES AND TRAN

RELATED PARTY BALANCES AND TRANSACTIONS	9 Months Ended
	Jun. 30, 2023
Related Party Transactions [Abstract]
RELATED PARTY BALANCES AND TRANSACTIONS	NOTE 9 - RELATED PARTY BALANCES AND TRANSACTIONS Amount due from a related party represented the prepaid service fee remitted to Guoxin Star Network Co., Ltd. by our VIE, King Eagle (Tianjin). On March 31, 2021, King Eagle (Tianjin) entered into a Cooperation Agreement with Guoxin Star Network Co., Ltd., which, at that time, was our related party. Guoxin Star Network Co. Ltd. was formerly our related party due to its being wholly owned by Guoxin Ruilian Group Co. Ltd., which also owns Guoxin Zhengye. Guoxin Zhengye was the 8 Under the Cooperation Agreement, King Eagle (Tianjin) is required to pay Guoxin Star Network Co., Ltd. approximately $ 1.0 7.5 0.31 2,250,000 0.72 5.3 SCHEDULE OF AMOUNTS DUE TO RELATED PARTIES Name of related party Relationship Nature of transactions June 30, 2023 September 30, 2022 Guoxin Star Network Co., Ltd It is wholly owned by Guoxin Ruilian Group Co., Ltd, the common shareholder of Guoxin Zhengye, which owned an 8 Prepaid services for the operation of Smart Kiosks $ 310,289 $ 316,192 Total $ 310,289 $ 316,192 Amounts due to related parties are payables arising from transactions between the Company and related parties, such as payments of operating expenses by such related parties on behalf of our entities in the PRC and funding to meet working capital requirements. The payables owed to the related parties are interest free, unsecured, and repayable on demand. Amounts due to related parties consisted of the following: Name of related party Relationship Nature of transactions June 30, 2023 September 30, 2022 Ms. Jinjing Zhang One of the shareholders of King Eagle (Tianjin) Operational support to King Eagle (Tianjin) to meet its working capital requirements 2,207 - Ms. Xiujin Wang One of the shareholders of King Eagle (Tianjin) Operational support to King Eagle (Tianjin) to meet its working capital requirements $ 248,231 $ 267,006 Total $ 250,438 $ 267,006

EQUITY

EQUITY	9 Months Ended
	Jun. 30, 2023
Equity [Abstract]
EQUITY	NOTE 10 - EQUITY Effective on October 12, 2022, a Certificate of Amendment was filed with the Nevada Secretary of State to increase the authorized number of shares of the Company’s $ 0.0001 200,000,000 1,000,000,000 The Company’s board of directors approved and declared a 10:1 forward split of its common stock on September 6, 2022. As a result of the stock split, holders of pre-split shares of common stock had the right to receive post-split shares of common stock at a ratio of ten (10) shares of post-split common stock for every one (1) share of pre-split common stock. The stock split had a record date of September 16, 2022 and an effective date of October 18, 2022. No fractional shares were issuable as a result of the forward stock split. After the forward stock split, there are 400,000,000 0.0001 Preferred stock The Company’s authorized shares of preferred stock are 10,000,000 0.0001 No Common stock With the retrospective effect of the increase in authorized shares of common stock and 10:1 forward stock split, the Company’s authorized shares of common stock were 1,000,000,000 1,000,000,000 0.0001 400,000,000 Restricted net assets : Our ability to pay dividends is primarily dependent on us receiving distributions of funds from our subsidiary or VIE. Relevant PRC statutory laws and regulations permit payments of dividends only out of a company’s retained earnings, if any, as determined in accordance with PRC accounting standards and regulations and after the Company has met the PRC requirements for appropriation to statutory reserves. Share capital of the PRC subsidiary and VIE included in the Company’s consolidated net assets are also non-distributable for dividend purposes. The results of operations reflected in the accompanying consolidated financial statements prepared in accordance with U.S. GAAP differ from those reflected in the statutory financial statements of King Eagle (China), the foreign-invested enterprise, King Eagle (Tianjin), the VIE, and KP Tian Yu. The Company is required to set aside at least 10% of its after-tax profits each year, if any, to fund certain statutory reserve funds until such reserve funds reach 50% of its registered capital. In addition, the Company may allocate a portion of its after-tax profits based on PRC accounting standards to enterprise expansion fund and staff bonus and welfare fund at its discretion. The statutory reserve funds and the discretionary funds are not distributable as cash dividends. As a result of the foregoing restrictions, King Eagle (China), King Eagle (Tianjin), and KP Tian Yu are restricted in their ability to transfer their net assets to the Company. Foreign exchange and other regulation in the PRC may further restrict these entities from transferring funds to the Company in the form of dividends, loans, and advances. As of June 30, 2023 and September 30, 2022, the Company had negative net assets, which included common stock, additional paid-in capital, accumulated deficit, and foreign exchange translation adjustment of its subsidiaries in BVI, Hong Kong, and the PRC and of the VIE that are included in the Company’s consolidated financial statements. As of June 30, 2023, King Eagle (China), King Eagle (Tianjin), KP Tian Yu, and King Eagle (Bejing) incurred negative net assets which amounted to $ 1,203,863 2,480,357 365 884,376 844,025 2,311,792 351

REVENUE

REVENUE	9 Months Ended
	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
REVENUE	NOTE 11- REVENUE The following table presents revenues and the related cost of goods sold disaggregated by customer type for the three and nine months ended June 30, 2023 and 2022: SCHEDULE OF DISAGGREGATED REVENUES AND COST OF GOODS SOLD 2023 2022 2023 2022 Three months ended June 30, Nine months ended June 30, 2023 2022 2023 2022 Retail $ 49,634 $ 642,596 $ 113,073 $ 7,330,768 Wholesale 411,009 - 1,118,639 - Total $ 460,643 $ 642,596 $ 1,231,712 $ 7,330,768 Revenue $ 460,643 $ 642,596 $ 1,231,712 $ 7,330,768 Cost of Revenue 2023 2022 2023 2022 Three months ended June 30, Nine months ended June 30, 2023 2022 2023 2022 Retail $ 19,386 $ 105,597 $ 45,263 $ 1,152,271 Wholesale 45,492 - 200,839 - Total $ 64,878 $ 105,597 $ 246,102 $ 1,152,271 Cost of Revenue $ 64,878 $ 105,597 $ 246,102 $ 1,152,271

INCOME TAXES

INCOME TAXES	9 Months Ended
	Jun. 30, 2023
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 12- INCOME TAXES The Company accounts for income taxes pursuant to the accounting standards that require the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statements and the tax basis of assets and liabilities, and for the expected future tax benefit to be derived from tax losses and tax credit carryforwards. Additionally, the accounting standards require the establishment of a valuation allowance to reflect the likelihood of realization of deferred tax assets. The Company and its subsidiaries file separate income tax returns. United States Kun Peng International Ltd is incorporated in the State of Nevada and is subject to United States federal income tax. No provision for income taxes in the U.S. has been made as the Company has no U.S. taxable income for the nine ended June 30, 2023 and 2022. British Virgin Islands KP International is a holding company organized as an International Business Company under the laws of the British Virgin Islands (“BVI”), and its principal operating subsidiaries are organized under the laws of Hong Kong and the laws of the PRC. KP International and its subsidiaries are not subject to income taxes in the BVI. Hong Kong The two-tier profits tax rates system was introduced under the Inland Revenue (Amendment)(No.3) Ordinance 2018 (“the Ordinance”) of Hong Kong and became effective for the assessment year 2018/2019. Under the two-tier profit tax rates regime, the profits tax rate for the first $ 0.26 2 8.25 16.5 Since KP Industrial and KP (Hong Kong) are wholly owned and under the control of KP International, these entities are connected entities. Under the Ordinance, it is an entity’s election to nominate the entity that will utilize the two-tier profits tax rates on its profits tax return. The election is irrevocable. The Company elected KP (Hong Kong) to utilize the two-tier profits tax rates. KP Industrial and KP (Hong Kong) did not earn any income that was derived in Hong Kong for the nine months ended June 30, 2023 and 2022 and, therefore, KP Industrial and KP (Hong Kong) were not subject to Hong Kong profits tax for the periods reported. Since the two-tier profit tax rates regime is tentative, we applied the original profits tax rate, 16.5 PRC The PRC’s statutory income tax rate is 25 25 Income tax expense was comprised of the following: SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE BENEFIT 2023 2022 2023 2022 Three months ended June 30, Nine months ended June 30, 2023 2022 2023 2022 Current $ $ $ $ Federal - - - - State - - - - Foreign - - - - Total current - - - - Deferred Federal - - - - State - - - - Foreign - - - - Total deferred - - - - Total income tax expense $ - $ - $ - $ - A reconciliation between the Company’s actual provision for income taxes and the provision at the statutory rate is as follows: SCHEDULE OF RECONCILIATION OF PROVISION OF INCOME TAX 2023 2022 2023 2022 Three months ended June 30, Nine months ended June 30, 2023 2022 2023 2022 Loss before income tax expense $ (1,269,411 ) (689,999 ) $ (2,621,745 ) (966,818 ) Computed tax expense (benefit) with statutory tax rate 21.0 % 21.0 % 21.0 % 21.0 % Impact of different tax rates in other jurisdictions 3.9 % 3.5 % 3.7 % 3.2 % Tax effect of non-deductible expenses (0.2 %) (0.1 )% (0.3 %) (0.6 )% Change in valuation allowance (24.7 %) (24.4 )% (24.4 %) (23.6 )% Effective tax rate 0.0 % 0.0 % 0.0 % 0.0 % Uncertain tax positions The Company files tax returns as prescribed by the tax laws of the jurisdictions in which it operates. In the normal course of business, the Company is subject to examination by the respective jurisdictions, where applicable. The statute of limitations for the tax returns varies by jurisdiction. The statute of limitations for the U.S. Internal Revenue Service to assess the income tax returns of a taxpayer expires three years from the due date of the income tax return or the date on which it was filed, whichever is later. In accordance with the Hong Kong profits tax regulations, a tax assessment by the IRD may be initiated within six years after the relevant year of assessment, but that period is extendable to 10 years in the case of potential willful underpayment or evasion. In accordance with the PRC Tax Administration Law on the Levying and Collection of Taxes, the PRC tax authorities generally have up to five years to assess underpaid tax plus penalties and interest for PRC entities’ tax filings. In the case of tax evasion, which is not clearly defined in the law, there is no limitation on the tax years open for investigation. Accordingly, the PRC entities remain subject to examination by the tax authorities based on the above. As of June 30, 2023 and September 30, 2022, the Company did not accrue any liability, interest, or penalties related to uncertain tax positions in the provision for income taxes in its consolidated financial statements. The Company does not expect that its assessment regarding unrecognized tax positions will materially change over the next 12 months.

RIGHT-OF-USE ASSETS AND LEASE

RIGHT-OF-USE ASSETS AND LEASE	9 Months Ended
	Jun. 30, 2023
Right-of-use Assets And Lease
RIGHT-OF-USE ASSETS AND LEASE	NOTE 13 - RIGHT-OF-USE ASSETS AND LEASE The Company has operating leases for its office facilities and employee accommodation. Leases with an initial term of 12 months or less are not recorded on the balance sheet; the Company recognizes lease expense for these leases on a straight-line basis over the lease term. The following table provides a summary of leases as of June 30, 2023 and September 30, 2022: SUMMARY OF OPERATING LEASE ASSETS AND LIABILITIES Assets/liabilities Classification June 30, 2023 September 30, 2022 Assets Operating lease right-of-use assets Operating lease assets $ 517,179 $ 675,655 Liabilities Current Operating lease liabilities – current Current operating lease liabilities $ 295,886 $ 304,753 Long-term Operating lease liabilities - net of current portion Long-term operating lease liabilities $ 164,224 $ 264,124 Total lease liabilities $ 460,110 $ 568,877 The operating lease expense for the nine months ended June 30, 2023 and 2022 was as follows: SUMMARY OF OPERATING LEASE EXPENSE Lease cost Classification 2023 2022 2023 2022 Three months ended June 30, Nine months ended June 30, Lease cost Classification 2023 2022 2023 2022 Operating lease cost General and administrative $ 84,830 $ 118,486 $ 253,512 $ 311,190 Total lease cost $ 84,830 $ 118,486 $ 253,512 $ 311,190 Maturities of operating lease liabilities as of June 30, 2023 were as follow: SCHEDULE OF MATURITY OF OPERATING LEASE LIABILITIES Maturity of lease liabilities Operating leases Remaining of 2023 $ 136,086 2024 312,857 2025 28,960 2026 - 2027 - Thereafter - Total lease payments $ 477,903 Less: interest (17,793 ) Present value of lease payments $ 460,110 Maturities of operating lease liabilities as of September 30, 2022, were as follow: Maturity of lease liabilities Operating leases 2023 $ 328,832 2024 273,520 2025 - 2026 - 2027 - Thereafter - Total lease payments $ 602,352 Less: interest (33,475 ) Present value of lease payments $ 568,877 Supplemental information related to operating leases was as follows: SCHEDULE OF OPERATING LEASES 2023 2022 2023 2022 Three months ended June 30, Nine months ended June 30, 2023 2022 2023 2022 Cash paid for amounts included in the measurement of lease liabilities $ 133,868 $ 64,218 $ 173,088 $ 338,706 New operating lease assets obtained in exchange for operating lease liabilities $ 110,738 $ 33,221 $ 110,738 $ 608,762 The amortization expense was $ 48,028 127,369 237,538 305,054

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 14 – COMMITMENTS AND CONTINGENCIES Purchase and service commitments King Eagle (China) and King Eagle (Tianjin) entered into multiple purchase and service commitments. As of June 30, 2023 and September 30, 2022, King Eagle (China) and King Eagle (Tianjin) had purchase and service commitments in the amount of $ 389,484 53,910 Cooperation commitment for Smart Kiosks On March 31, 2021, King Eagle (Tianjin) entered into a Cooperation Agreement with Guoxin Star Network Co., Ltd who assigned and franchised the operation of 50 Smart Kiosks to King Eagle (Tianjin) for five years 1.0 7,500,000 0.31 2,250,000 0.72 250,000

SUBSEQUENT EVENT

SUBSEQUENT EVENT	9 Months Ended
	Jun. 30, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENT	NOTE 15 - SUBSEQUENT EVENT On May 9, 2023, KP Industrial’s director and sole shareholder, KP International Holding, approved a deregistration of KP Industrial. The entity filed a request for a “Notice of No Objection to a Company being Deregistered” with the Hong Kong Inland Revenue Department on the same day. The application for such notice is being reviewed by the Hong Kong Inland Revenue Department. Upon approval and issuance of a “Notice of No Objection” by the Hong Kong Inland Revenue Department, KP Industrial is required to submit an application for deregistration to the Hong Kong Company Registry. We estimate that the entire deregistration process will be completed in January 2024. As of June 30, 2023, the Company evaluated and concluded that there are no subsequent events that have occurred that would require recognition or disclosure in the financial statements other than as disclosed above.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) applicable to quarterly financial information and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the Securities and Exchange Commission. Accordingly, they do not include all of the information and disclosure required by accounting principles generally accepted in the United States of America for complete financial statements. Quarterly results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the quarterly periods have been included. These condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto for the year ended September 30, 2022 included in the Form 10-K filed with the SEC on December 29, 2022. The condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America. This basis of accounting involves the application of accrual accounting and, consequently, revenues and gains are recognized when earned and expenses and losses are recognized when incurred. The condensed consolidated financial statements are expressed in U.S. dollars.
Basis of Consolidation	Basis of Consolidation The condensed consolidated financial statements include the financial statements of the Company, its subsidiaries and its variable interest entity (“VIE”). All significant intercompany transactions and balances within the Company have been eliminated upon consolidation.
Use of Estimates and Assumptions	Use of Estimates and Assumptions The preparation of the condensed consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that impact the presented amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the presented amounts of revenues and expenses during the period. Actual results may differ from those estimates. Significant estimates during the nine months ended June 30, 2023 and 2022 include the collectability of receivables, the useful lives of long-lived assets and intangibles, assumptions used in assessing impairment of long-lived assets, valuation of accruals for expenses and tax due.
Reclassification	Reclassification Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation. Such reclassifications had no effect on the prior period net income, accumulated deficit, net assets, or total shareholders’ deficit.
Going Concern	Going Concern The accompanying condensed consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America which contemplate continuation of the Company on a going concern basis. The going-concern basis assures that assets are realized and liabilities are extinguished in the ordinary course of business at amounts disclosed on the financial statements. The Company’s ability to continue as a going concern depends on the liquidation of its current assets and business developments. In assessing the Company’s liquidity, the Company monitors and analyzes its cash and cash equivalents and its operating and capital expenditure commitments. The Company’s liquidity needs are to meet its working capital requirements, operating expenses, and capital expenditure obligations. For the nine months ended June 30, 2023, although the Company incurred cash inflows from operating activities and financing activities of $ 142,789 200,327 2,621,745 6,410,379 128,512 136,857 The Company continues to monitor its operations to help refine the Company’s financial liquidity. Options under consideration in the review process include, but are not limited to, increasing sales through the Company’s online business , In order to continue as a going concern for the next 12 months, the Company continues to focus on increasing its revenue through its online platforms and streamlining its overhead costs or obtaining financing from its stockholders or directors. Our service agents and our sales and marketing department continue to launch marketing campaigns every week to promote our own brand products, particularly thermal therapy cabins. However, the Company cannot provide any assurance that it will be able to increase revenue or that it will be able to successfully implement its business plan, or that financing will be available to it on commercially acceptable terms, if at all. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern. We expect that our directors will continue to support the group by providing adequate financial assistance to enable the group to continue its business operations for the foreseeable future.
COVID-19 Outbreak	COVID-19 Outbreak Businesses and markets in mainland China have reopened and mainland China relaxed its policies and controls relating to COVID-19 in early December 2022. In addition, in July 2023, the PRC government fully opened its border to foreigners without requirements of quarantine or application for a health code upon arrival in the PRC. However, it will take time for the country to recover from the impact of COVID-19 and the effects of the restrictive governmental policies and controls. The administrative processing of the PRC local government agencies has not yet fully resumed. We continue to follow up on the status of our applications for Smart Kiosks and we estimate the administrative processing of our applications at the local government agencies may be resumed by the end of calendar year 2023. The Company continues to focus its business on its online platform, King Eagle Mall, and to promote its own brand of consumer health care and health related household products on its new online platform, Kun Zhi Jian, which was introduced and implemented in October 2022 to mitigate the adverse impacts of COVID-19. The Company also follows up closely with the local governmental agencies regarding its applications for construction permits for Smart Kiosks. The Company expects to obtain government approval by December 2023. While we do not expect that the virus will continue to have a material adverse effect on our business or financial results at this time, it is not possible to predict the unanticipated consequence of the pandemic on our future business performance and liquidity. The Company continues to monitor and assess the evolving situation closely and evaluate its potential exposure.
Earnings (loss) Per Share	Earnings (loss) Per Share Basic income (loss) per share is computed by dividing net income (loss) attributable to the holders of our common stock by the weighted average number of shares of common stock outstanding during the year. Diluted income (loss) per share is calculated by dividing net income (loss) attributable to the holders of our common stock, as adjusted for the effect of dilutive common stock equivalents, if any, by the weighted average number of shares of common stock and dilutive common stock equivalents outstanding during the period. However, common stock equivalents are not included in the denominator of the diluted earnings per share calculation when inclusion of such shares would be anti-dilutive, such as in a period in which a net loss is recorded.
Foreign Currency Translation	Foreign Currency Translation The reporting currency of the Company is the U.S. Dollar. Our entity in the British Virgin Islands uses the U.S. dollar. Our entities in the PRC and Hong Kong use the local currencies, Renminbi (RMB) and Hong Kong Dollar (HKD), as their respective functional currencies as determined based on the criteria of ASC 830, “Foreign Currency Translation.” Assets and liabilities are translated at the unified exchange rate at the end of the period. Income and expense accounts are translated at the average translation rates and equity accounts are translated at historical rates. Translation adjustments resulting from this process are included in accumulated other comprehensive income in the statement of equity. Transaction gains and losses that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in the results of operations as incurred. Translation adjustments included in accumulated other comprehensive loss amounted to $ 152,425 111,684 The following table shows the foreign exchange rates used for translation: SCHEDULE OF FOREIGN EXCHANGE RATES Exchange rates set forth in the H.10 statistical release of the Federal Reserve Board Hong Kong Dollar (HKD) Chinese Renminbi (RMB) For the nine month period ended June 30, 2023 (Average Rate) United States dollar ($1) 7.8335 6.9886 As of June 30, 2023 (Closing Rate) United States dollar ($1) 7.8363 7.2513 Exchange rates set forth on the www.xe.com Hong Kong Dollar (HKD) Chinese Renminbi (RMB) For the nine month period ended June 30, 2022 (Average Rate) United States dollar ($1) 7.8134 6.4489 As of September 30, 2022 (Closing Rate) United States dollar ($1) 7.8500 7.1159
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and a certain amount of cash kept in electronic wallets, “e-wallets.” We consider all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. We maintain accounts with various financial institutions in the PRC and in e-wallets. As of June 30, 2023 and September 30, 2022, cash balances held in PRC banks are uninsured. Monies that are held in e-wallets are deemed equivalent to cash, are highly liquid, and are relatively unsafe compared to cash in banks .
Financial Instruments	Financial Instruments The carrying amounts reported in the balance sheet for cash, other receivables, accrued liabilities, and other payables approximate fair value because of the immediate or short-term maturities of these financial instruments.
Property and Equipment	Property and Equipment Property and equipment are stated at cost less accumulated depreciation and impairment losses. Gains and losses on dispositions of property and equipment are included in operating income (loss). Major additions, renewals, and improvements are capitalized, while maintenance and repairs are recognized as expense as incurred. Depreciation is provided over the estimated useful life of each class of depreciable assets and is computed using the straight-line method over the useful lives of the assets as follows: SCHEDULE OF PROPERTY PLANT AND EQUIPMENT USEFUL LIVES Classification Estimated useful life Leasehold improvements 5 Office equipment 3 Computer equipment 3 Computer software 5
Fair Value Measurements	Fair Value Measurements The Company applies the provisions of ASC Subtopic 820-10, “Fair Value Measurements,” for fair value measurements of financial assets and financial liabilities and for fair value measurements of non-financial items that are recognized or disclosed at fair value in the financial statements. ASC 820 also establishes a framework for measuring fair value and expands disclosures about fair value measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required or permitted to be recorded at fair value, the Company considers the principal or most advantageous market in which it would transact and it considers assumptions that market participants would use when pricing the asset or liability. ASC 820 establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes three levels of inputs that may be used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: ● Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. ● Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the assets or liability, either directly or indirectly, for substantially the full term of the financial instruments. ● Level 3 inputs to the valuation methodology are unobservable and significant to the fair value. The Company’s financial assets and liabilities include cash, receivables, accounts payable, and accrued expenses.
Related Party Transactions	Related Party Transactions The Company follows the ASC 850-10, “Related Party Disclosures” for the identification of related parties and disclosure of related party transactions. Pursuant to section 850-10-20, related parties include a) affiliates of the Company; b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of section 825–10–15, to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and income-sharing trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. The condensed consolidated financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: a) the nature of the relationship(s) involved; b) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented; and c) such other information deemed necessary to an understanding of the nature of the related party transactions.
Comprehensive (Loss) Income	Comprehensive (Loss) Income Other comprehensive (loss) income refers to revenues, expenses, gains, and losses that under generally accepted accounting principles are included in comprehensive income but are excluded from net (loss) income as these amounts are recorded directly as an adjustment to stockholders’ equity. Our other comprehensive (loss) income for the nine months ended June 30, 2023 and 2022 was comprised of foreign currency translation adjustments.
Revenue Recognition	Revenue Recognition Revenue is comprised of sales of goods and represents the amount of consideration the Company is entitled to upon the transfer of goods. Revenue was recorded on a gross basis, net of surcharges and value added tax (“VAT”) of gross sales. The Company recorded revenue on a gross basis because the Company is the primary obligor of the sales arrangements, has latitude in establishing prices, has discretion in suppliers’ selection, and assumes credit risks on receivables on gross sales from customers. The Company adopted Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”) using the full retrospective transition method. The Company’s adoption of ASU 2014-09 did not have a material impact on the amount and timing of revenue recognized in its consolidated financial statements. The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements: ● identify the contract with a customer; ● identify the performance obligations in the contract; ● determine the transaction price; ● allocate the transaction price to performance obligations in the contract; and ● recognize revenue as the performance obligation is satisfied. Consistent with the criteria of ASC 606 “Revenue from Contracts with Customers,” we recognize revenue when performance obligations are satisfied by transferring control of a promised good or service to a customer. For performance obligations that are satisfied at a point in time, we also consider the following indicators to assess whether control of a promised good or service is transferred to the customer: (i) right to payment; (ii) legal title; (iii) physical possession; (iv) significant risks and rewards of ownership; and (v) acceptance of the good or service. For performance obligations satisfied over time, we recognize revenue over time by measuring the progress toward complete satisfaction of a performance obligation. We recognize revenue when control of the promised goods is transferred to customers of King Eagle Mall and our new online platform. Revenue is measured at the transaction price, which is based on the amount of consideration that we expect to receive in exchange for transferring the promised goods to our customers. The revenue mainly includes two customer types: retail (“King Eagle Mall” online platform) and wholesale (“Kun Zhi Jian,” our new online platform). The revenue is recognized at a point in time when control of the promised goods is transferred to our customers.
Deferred Revenue	Deferred Revenue Deferred revenue results from transactions where the Company has received the payments from the customers but revenue recognition criteria under the five-step model of ASC Topic 606 have yet to be met. Once all revenue recognition criteria have been satisfied, the revenues will be recognized upon the transfer of risk and rewards to the customers in the consolidated statement of operations. We anticipate that approximately $ 1.5 2.7
Accrued Product Liability	Accrued Product Liability The Company records accruals for product liability when deemed probable and estimable based on facts and circumstances and prior claims experience. Accruals for product credit are valued based upon the Company’s prior claims experience, including defective goods and goods lost in transit. As we have experienced insignificant amounts of goods returned and claims from goods lost in transit in the past, our product liability is insignificant; therefore, management believes product liability accrual as at June 30, 2023 and September 30, 2022 is de minimis.
Discount allowed - Accrued Store-Credit	Discount allowed - Accrued Store-Credit We provide store-credit, “Golden Beans,” to our customers after sales of goods to them. The Golden Beans can be utilized against their future purchases with restrictions and expiry date. The amount utilized will be recognized as direct discount as and when the sales arise, and the price net of this discount has been controlled and set by management to ensure that the sales will always result in a gross profit. As such, we do not accrue any liability from this store-credit as there is no present obligation arising from Golden Beans as of June 30, 2023 and September 30, 2022, and the utilization of these Golden Beans is not expected to result in an outflow from the Company’s resources embodying economic benefits.
Lease	Lease Under ASC Topic 842, the Company determines if an arrangement is a lease at inception. Lease assets and liabilities are recognized at the present value of the future lease payments at the lease commencement date. The interest rate used to determine the present value of the future lease payments is the Company’s incremental borrowing rate based on the information available at the lease commencement date. The Company generally uses the base, non-cancelable lease term in calculating the right-of-use assets and lease liabilities. The Company may recognize the lease payments in the condensed consolidated statements of operation on a straight-line basis over the lease terms and variable lease payments in the periods in which the obligations for those payments are incurred, if any. The lease payments under the lease arrangements are fixed. The Company elected the package of practical expedients, which allows the Company to carry-forward its historical lease classification, its assessment on whether a contract is or contains a lease, and its initial direct costs for any lease that exists prior to adoption of the new standard. The Company also elected to apply the short-term lease exception for lease arrangements with a lease term of 12 months or less at commencement. Lease terms used to compute the present value of lease payments do not include any option to extend, renew, or terminate the lease that the Company is not reasonably certain to exercise upon the lease inception. Accordingly, operating lease right-of-use assets and liabilities do not include leases with a lease term of 12 months or less.
Research and Development Expenses	Research and Development Expenses Research and development (R&D) expenses are all costs associated with the original development and design of the product as well as any intellectual property (IP) generated during the development phase, including patents and copyrights. Research and development expenses are included in the overall operating expenses and reflected as a separate line item on the consolidated statement of operations. We purchase the consumer preventive health food and health related household products sold on our platforms from our suppliers and we did not develop, design, or manufacture those products. Moreover, although we have built our online platform and mobile commerce in-house, the compensation costs for our in-house technology team were not significant. Accordingly, instead of capitalizing the compensation costs of our in-house technology team as research and development on the Balance Sheet or presenting them as research and development expenses, we included these amounts in employee compensation and benefit expenses within general and administrative expenses for the nine months ended June 30, 2023 and 2022.
Selling Expenses	Selling Expenses Selling expenses consist primarily of marketing and promotional service fees to service agents and other costs incurred by our sales and marketing department, such as staff costs, office supplies, and other incidental expenses that are incurred directly to attract or retain consumers. Our selling expenses for the nine months ended June 30, 2023 and 2022 were $ 2,323,347 5,901,192 1,506,180 5,274,068
Accounting Pronouncements Issued But Not Yet Adopted	Accounting Pronouncements Issued But Not Yet Adopted Financial Instruments In the period from June 2023 through mid-August 2023, the FASB has not issued additional accounting standards updates.

ORGANIZATION AND DESCRIPTION _2

ORGANIZATION AND DESCRIPTION OF BUSINESS (Tables)	9 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
SCHEDULE OF COMPANY INFORMATION AND ORGANIZATIONAL ACTIVITIES	SCHEDULE OF COMPANY INFORMATION AND ORGANIZATIONAL ACTIVITIES Name Background Ownership Registered capital / Authorized shares Principal activities Kun Peng International Limited ● A U.S. company ● Incorporated on June 28, 2017 Authorized shares: ● Common stock: 1,000,000,000 0.0001 ● 400,000,000 Preferred stock: ● 10,000,000 0.0001 ● no Investment holding Kun Peng International Holding Limited ● A BVI company ● Incorporated on April 20, 2021 100 Paid capital: 400 0.01 Investment holding Kunpeng (China) Industrial Development Company Limited ● A Hong Kong company ● Incorporated on August 11, 2017 ● Approvals for deregistration 100 Paid share capital : 10,000 1,292 10,000 Investment holding Kun Peng (Hong Kong) Industrial Development Limited ● A Hong Kong company ● Incorporated on June 21, 2021 100 Paid share capital: 1 0.13 1 Investment holding Kun Peng Tian Yu Health Technology (Tianjin) Co., Ltd. ● a limited liability company incorporated in the People’s Republic of China ● Incorporated on August 10, 2021 100 Registered capital of RMB 5 0.7 Exploring future business opportunities King Eagle (China) Co., Ltd ● a wholly foreign owned enterprise (“WFOE”) until March 3, 2023 ● Incorporated on March 20, 2019 Wholly owned by Kun Peng (China) Industrial Development Company Limited until March 3, 2023 Starting March 3, 2023, 49 51 Registered capital: approximately $ 15 100 Providing technical and management support to King Eagle VIE King Eagle (Tianjin) Technology Co., Ltd. ● a limited liability company incorporated in the People’s Republic of China ● Incorporated on September 2, 2020 ● Became a variable interest entity (VIE) of King Eagle (China) Co., Ltd on May 15, 2021 Owned by multiple individuals: Chengyuan Li (approximately 45.5 10.5 10 6 5 Registered capital of approximately $ 1.5 10 Paid-in capital approximately $ 0.2 1.4 Operating King Eagle Mall King Eagle (Beijing) Technology Co., Ltd ● a limited liability company incorporated in the People’s Republic of China ● Incorporated on December 1, 2022 100 Registered capital of RMB 5 0.7 Paid-in capital approximately $ 0.7 4.9 Commenced operations in January 2023; operates the new online platform, Kun Zhi Jian

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
SCHEDULE OF FOREIGN EXCHANGE RATES	The following table shows the foreign exchange rates used for translation: SCHEDULE OF FOREIGN EXCHANGE RATES Exchange rates set forth in the H.10 statistical release of the Federal Reserve Board Hong Kong Dollar (HKD) Chinese Renminbi (RMB) For the nine month period ended June 30, 2023 (Average Rate) United States dollar ($1) 7.8335 6.9886 As of June 30, 2023 (Closing Rate) United States dollar ($1) 7.8363 7.2513 Exchange rates set forth on the www.xe.com Hong Kong Dollar (HKD) Chinese Renminbi (RMB) For the nine month period ended June 30, 2022 (Average Rate) United States dollar ($1) 7.8134 6.4489 As of September 30, 2022 (Closing Rate) United States dollar ($1) 7.8500 7.1159
SCHEDULE OF PROPERTY PLANT AND EQUIPMENT USEFUL LIVES	Depreciation is provided over the estimated useful life of each class of depreciable assets and is computed using the straight-line method over the useful lives of the assets as follows: SCHEDULE OF PROPERTY PLANT AND EQUIPMENT USEFUL LIVES Classification Estimated useful life Leasehold improvements 5 Office equipment 3 Computer equipment 3 Computer software 5

VARIABLE INTEREST ENTITIES _V_2

VARIABLE INTEREST ENTITIES “VIE” ARRANGEMENTS (Tables)	9 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
SCHEDULE OF VIE OF BALANCE SHEET	SCHEDULE OF VIE OF BALANCE SHEET Parent Only Non-VIE and Non-WFOE Subsidiaries Consolidated WFOE VIE and VIE’s Subsidiary Consolidated Elimination Entries and Reclassification Entries Consolidated Cash and cash equivalent $ - $ 7,166 $ 7 $ 533,096 $ - $ 540,269 Intercompany receivables-current - 243,095 (2) - 2,058,872 (1) (2,301,967 ) - Total current Assets - 287,975 7 3,269,690 (2,301,967 ) 1,255,705 Intercompany receivables-noncurrent - 4 - - (4 ) - Total non-current Assets 34,160 541,731 - 112,058 (34,164 ) 653,785 Total assets 34,160 829,706 7 3,381,748 (2,336,131 ) 1,909,490 Intercompany payables 676,487 1,675,014 (1) 372 (1) - (2,351,873 ) - Total current liabilities 691,487 (3) 1,938,705 372 7,402,853 (2,367,333 ) 7,666,084 Total noncurrent liabilities - 121,631 - 42,593 - 164,224 Total liabilities 691,487 2,060,336 372 7,445,446 (2,367,333 ) 7,830,308 Total shareholders’ Equity (657,327 ) (1,108,492 ) (365 ) (3,904,882 ) 31,202 (5,639,864 ) Non-controlling interests - (122,138 ) - (158,816 ) - (280,954 ) Total equity (657,327 ) (1,230,630 ) (365 ) (4,063,698 ) 31,202 (5,920,818 ) Total liabilities and equity $ 34,160 $ 829,706 7 3,381,748 (2,336,131 ) 1,909,490 (1) Intercompany receivables from non-VIE entities, WFOE, and parent entity and intercompany payables to VIE represent loans to non-VIE entities, WFOE, and parent entity for working capital purposes. (2) Intercompany receivables from the parent entity represent loans from King Eagle (China) to the parent entity for working capital purposes. (3) Intercompany payables to King Eagle (China) and VIE represent loans from King Eagle (China) and VIE to the parent entity for working capital purposes. As of September 30, 2022 Parent Only Non-VIE and Non-WFOE Subsidiaries Consolidated WFOE VIE Elimination Entries and Reclassification Entries Consolidated Cash and cash equivalent $ - $ 14 $ 11,581 $ 255,536 $ - $ 267,131 Intercompany receivables-current - - 179,211 (2) 1,684,751 (1) (1,863,962 ) - Total current Assets - 14 250,651 2,530,776 (1,863,962 ) 917,479 Intercompany receivables-noncurrent - 4 - - (4 ) - Total non-current Assets 34,160 4 755,365 107,774 (34,164 ) 863,139 Total assets 34,160 18 1,006,016 2,638,550 (1,898,126 ) 1,780,618 Intercompany payables 451,763 (3) 17,213 (1) (2) 1,428,180 (1) - (1,897,156 ) - Total current liabilities 515,763 17,213 1,924,426 4,611,831 (1,897,156 ) 5,172,077 Total noncurrent liabilities - - 242,100 22,024 - 264,124 Total liabilities 515,763 17,213 2,166,526 4,633,855 (1,897,156 ) 5,436,201 Total shareholders’ Equity (481,603 ) (17,195 ) (1,038,372 ) (1,836,489 ) (970 ) (3,374,629 ) Non-controlling interests - - (122,138 ) (158,816 ) - (280,954 ) Total equity (481,603 ) (17,195 ) (1,160,510 ) (1,995,305 ) (970 ) (3,655,583 ) Total liabilities and equity 34,160 18 1,006,016 2,638,550 (1,898,126 ) 1,780,618
SCHEDULE OF VIE DATA OF OPERATION	Condensed Consolidated Statements of Operations Data SCHEDULE OF VIE DATA OF OPERATION Parent Only Non-VIE Subsidiaries Consolidated WFOE VIE and VIE’s subsidiary Eliminating adjustments Consolidated Totals Nine months ended June 30, 2023 Parent Only Non-VIE and Non-WFOE Subsidiaries Consolidated WFOE VIE and VIE’s Subsidiary Consolidated Eliminating Adjustments Consolidated Totals Revenue $ - $ - $ - $ 1,231,712 $ - $ 1,231,712 Intercompany revenue - 248,805 519,296 - (768,101 ) - Cost of revenue and related tax - 562 1,006 244,534 - 246,102 Gross profit - 248,243 518,290 987,178 (768,101 ) 985,610 Total operating expenses 175,724 239,092 604,401 2,687,249 3,706,466 Intercompany operating expenses - - - 768,101 (768,101 ) - (Loss) income from operations (175,724 ) 9,151 (86,111 ) (2,468,172 ) - (2,720,856 ) Other (expenses) income - (1,299 ) 461 99,949 - 99,111 (Loss) income before income taxes (175,724 ) 7,852 (85,650 ) (2,368,223 ) - (2,621,745 ) Income tax expense - - - - - - Net (loss) income (175,724 ) 7,852 (85,650 ) (2,368,223 ) - (2,621,745 ) Parent Only Non-VIE Subsidiaries Consolidated WFOE VIE Eliminating adjustments Consolidated Totals Nine months ended June 30, 2022 Parent Only Non-VIE and Non-WFOE Subsidiaries Consolidated WFOE VIE Eliminating Adjustments Consolidated Totals Revenue $ - $ - $ - $ 7,330,768 $ - $ 7,330,768 Intercompany revenue - - 1,044,488 - (1,044,488 ) - Cost of revenue and related tax - - 5,865 1,146,406 - 1,152,271 Gross profit - - 1,038,623 6,184,362 (1,044,488 ) 6,178,497 Total operating expenses 156,450 6,331 1,341,613 5,675,018 7,179,412 Intercompany operating expenses - - - 1,044,488 (1,044,488 ) - Loss from operations (156,450 ) (6,331 ) (302,990 ) (535,144 ) - (1,000,915 ) Other income - - 4,975 29,122 - 34,097 Loss before income taxes (156,450 ) (6,331 ) (298,015 ) (506,022 ) - (966,818 ) Income tax expense - - - - - - Net loss $ (156,450 ) $ (6,331 ) $ (298,015 ) $ (506,022 ) $ - $ (966,818 )
SCHEDULE OF VIE DATA OF CASH FLOWS	Condensed Consolidation Schedule of Cash Flows SCHEDULE OF VIE DATA OF CASH FLOWS Parent Only Non-VIE WFOE VIE and VIE’s subsidiary Eliminating Consolidated Nine months ended June 30, 2023 Parent Only Non-VIE Subsidiaries Consolidated WFOE VIE and VIE’s Subsidiary Eliminating Consolidated Net income (loss) $ (175,724 ) $ 7,852 $ (85,650 ) $ (2,368,223 ) $ - $ (2,621,745 ) Intercompany receivables - (329,669 ) - (881,574 ) 1,211,243 - Intercompany payables 224,724 335,344 190,896 443,776 (1,194,740 ) - Net cash provided by (used in) operating activities - 9,821 (13,007 ) 129,472 16,503 142,789 - Net cash used in investing activities - (571 ) (606 ) - - (1,177 ) Net cash provided by financing activities - - - 200,327 - 200,327 Effect of exchange rate fluctuation on cash $ - $ (10,629 ) $ (10,570 ) $ (16,719 ) $ (16,503 ) $ (33,281 ) Parent Only Non-VIE Subsidiaries Consolidated WFOE VIE Eliminating adjustments Consolidated Nine months ended June 30, 2022 Parent Only Non-VIE and Non-WFOE Subsidiaries Consolidated WFOE VIE Eliminating Adjustments Consolidated Net loss $ (156,450 ) $ (6,331 ) $ (298,015 ) $ (506,022 ) $ - $ (966,818 ) Intercompany receivables - - (41,943 ) (216,230 ) 258,173 - Intercompany payables 196,450 5,625 360,179 (304,015 ) (258,239 ) - Net cash provided by (used in) operating activities - (706 ) (7,187 ) (1,681,782 ) (66 ) (1,689,741 ) - Net cash used in investing activities - - (95,981 ) - - (95,981 ) Effect of exchange rate fluctuation on cash - 706 3,126 (14,121 ) 66 (10,223 )
SCHEDULE OF VIE ASSETS AND LIABILITIES INCLUDED IN THE CONSOLIDATED BALANCE SHEETS	The Company consolidated its VIE as of June 30, 2023 and September 30, 2022. The carrying amounts and classification of the VIE’s assets and liabilities included in the consolidated balance sheets are as follows: SCHEDULE OF VIE ASSETS AND LIABILITIES INCLUDED IN THE CONSOLIDATED BALANCE SHEETS June 30, 2023 September 30, 2022 Assets Current assets Cash and cash equivalents $ 568,616 $ 255,536 Trade receivable-intercompany 1,471,239 1,499,226 Advance and prepayments 274,915 214,188 Other receivables – third parties 56,998 60,109 Other receivables – intercompany 587,633 185,525 Amount due from a related party 310,289 316,192 Total current assets 3,269,690 2,530,776 Noncurrent assets Right-of-use assets 112,058 107,774 Total noncurrent assets 112,058 107,774 Total assets 3,381,748 2,638,550 Liabilities Current liabilities Trade payables 1,799,000 764,418 Other payables and accrual 865,374 489,003 Deferred revenue 4,225,748 2,960,357 Payroll payable 34,973 4,312 Tax payable 160,424 41,345 Amounts due to related parties 250,438 267,006 Operating lease obligations-current portion 66,896 85,390 Total current liabilities 7,402,853 4,611,831 Noncurrent liabilities Operating lease obligations-net of current portion 42,593 22,024 Total noncurrent liabilities 42,593 22,024 Total liabilities 7,445,446 4,633,855 Commitment and contingencies Equity Additional paid-in capital 204,085 - Accumulated deficits (4,380,976 ) (1,998,652 ) Accumulated other comprehensive income 272,009 162,163 Total stockholders’ equity (3,904,882 ) (1,836,489 ) Non-controlling interests (158,816 ) (158,816 ) Total equity (4,063,698 ) (1,995,305 ) Total liabilities and equity $ 3,381,748 $ 2,638,550 The operating results of the VIE were as follows: 2023 2022 2023 2022 Three months ended June 30, Nine months ended June 30, 2023 2022 2023 2022 Revenue, net $ 337,031 $ 642,596 $ 1,231,712 $ 7,330,768 Cost of revenue (66,912 ) (102,887 ) (244,534 ) (1,146,406 ) Gross profit 270,119 539,709 987,178 6,184,362 Operating expenses General and administrative expenses 242,687 90,281 557,152 215,072 Selling expense 1,324,034 1,316,172 2,898,198 6,504,434 Total operating expenses 1,566,721 1,406,453 3,455,350 6,719,506 Loss from operations (1,296,602 ) (866,774 ) (2,468,172 ) (535,144 ) Other (expenses) income: Interest income 119 49 203 1,704 Other (expenses) income (9,072 ) 2,644 99,746 27,418 Total other income, net (8,953 ) 2,693 99,949 29,122 Loss before income taxes (1,305,555 ) (864,051 ) (2,368,223 ) (506,022 ) Income tax expense - - - - Net loss (1,305,555 ) (864,051 ) (2,368,223 ) (506,022 ) Less: Net loss attributable to non-controlling interest - (69,120 ) - (40,482 ) Net loss attributable to Kun Peng International Ltd $ (1,305,555 ) $ (794,931 ) $ (2,368,223 ) $ (465,540 ) The cash flows of the VIE were as follows: 2023 2022 Nine months ended June 30, 2023 2022 Cash flows from operating activities Net loss $ (2,368,223 ) $ (506,022 ) Adjustments to reconcile net loss to net cash provided by (used in) operating activities Amortization of right-of-use assets 64,101 85,040 Changes in operating assets and liabilities Advance and prepayments (67,159 ) 60,562 Trade receivable – intercompany (443,092 ) - Other receivables – third parties 2,063 (48,489 ) Other receivables - intercompany (438,482 ) (216,230 ) Amount due from a related party - - Security deposits - (9,296 ) Trade payable – third parties 1,088,282 43,052 Trade payable – intercompany 442,263 (304,015 ) Other payables and accrual – third parties 399,992 (660,308 ) Other payables and accrual – intercompany 1,513 - Deferred revenue 1,370,302 (144,800 ) Payroll payable 31,898 (9,525 ) Amounts due to related parties (12,020 ) 294,932 Tax payable 124,358 (183,813 ) Lease liabilities (66,324 ) (82,870 ) Net cash provided by (used in) operating activities 129,472 (1,681,782 ) Cash flows from financing activities Capital contribution 200,327 - Net cash provided by financing activities 200,327 - Effect of exchange rate changes on cash (16,719 ) (14,121 ) Net increase (decrease) in cash and cash equivalents 313,080 (1,695,903 ) Cash and cash equivalents, beginning balance 255,536 1,938,642 Cash and cash equivalents, ending balance $ 568,616 $ 242,739

ADVANCE AND PREPAYMENTS (Tables

ADVANCE AND PREPAYMENTS (Tables)	9 Months Ended
	Jun. 30, 2023
Advance And Prepayments
SCHEDULE OF PREPAYMENTS	Prepayments consisted of the following: SCHEDULE OF PREPAYMENTS June 30, September 30, 2023 2022 Prepaid rent and building management and utilities $ 22,707 $ 23,324 Prepaid supplies (1) 211,607 202,150 Prepaid income tax 5,058 5,154 Prepaid VAT tax 38,250 - Prepaid professional services (2) 21,946 25,941 Prepaid others 9,854 11,737 Total prepayments $ 309,422 $ 268,306 (1) As of June 30, 2023 and September 30, 2022, the Company had prepaid supplies of $ 211,607 202,150 (2) As of June 30, 2023, the ending balance of prepaid professional services included two types of prepayments, $ 9,194 12,752 As of September 30, 2022, the ending balance of prepaid professional services included two types of prepayments, $ 9,369 16,572

OTHER RECEIVABLES (Tables)

OTHER RECEIVABLES (Tables)	9 Months Ended
	Jun. 30, 2023
Receivables [Abstract]
SCHEDULE OF OTHER RECEIVABLES	Other receivables included the following: SCHEDULE OF OTHER RECEIVABLES June 30, September 30, 2023 2022 Rental deposits $ 13,177 $ 14,735 Advance to employees 11,575 45,250 Short-term borrowing to third parties 33,097 2,188 Others 2,356 3,677 Total other receivables, net $ 60,205 $ 65,850

PROPERTY AND EQUIPMENT, NET (Ta

PROPERTY AND EQUIPMENT, NET (Tables)	9 Months Ended
	Jun. 30, 2023
Property, Plant and Equipment [Abstract]
SCHEDULE OF PROPERTY AND EQUIPMENT	Property and equipment consisted of the following: SCHEDULE OF PROPERTY AND EQUIPMENT June 30, September 30, 2023 2022 Leasehold improvements $ 124,931 $ 127,301 Furniture and fixtures 1,212 1,235 Computer equipment 39,353 40,099 Office equipment 1,452 1,480 Subtotal 166,948 170,115 Less: accumulated depreciation (80,002 ) (36,092 ) Total property and equipment, net $ 86,946 $ 134,023

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	9 Months Ended
	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
SCHEDULE OF INTANGIBLE ASSET	SCHEDULE OF INTANGIBLE ASSET June 30, September 30, 2023 2022 Trademarks $ 3,573 $ 2,449 Subtotal 3,573 2,449 Less: accumulated amortization (660 ) (367 ) Total intangible assets, net $ 2,913 $ 2,082

DEFERRED REVENUE (Tables)

DEFERRED REVENUE (Tables)	9 Months Ended
	Jun. 30, 2023
Deferred Revenue
SCHEDULE OF DEFERRED REVENUE	SCHEDULE OF DEFERRED REVENUE June 30, September 30, 2023 2022 Advance payments from customers $ 4,225,748 $ 2,960,357 Total deferred revenue $ 4,225,748 $ 2,960,357

RELATED PARTY BALANCES AND TR_2

RELATED PARTY BALANCES AND TRANSACTIONS (Tables)	9 Months Ended
	Jun. 30, 2023
Related Party Transactions [Abstract]
SCHEDULE OF AMOUNTS DUE TO RELATED PARTIES	SCHEDULE OF AMOUNTS DUE TO RELATED PARTIES Name of related party Relationship Nature of transactions June 30, 2023 September 30, 2022 Guoxin Star Network Co., Ltd It is wholly owned by Guoxin Ruilian Group Co., Ltd, the common shareholder of Guoxin Zhengye, which owned an 8 Prepaid services for the operation of Smart Kiosks $ 310,289 $ 316,192 Total $ 310,289 $ 316,192 Amounts due to related parties are payables arising from transactions between the Company and related parties, such as payments of operating expenses by such related parties on behalf of our entities in the PRC and funding to meet working capital requirements. The payables owed to the related parties are interest free, unsecured, and repayable on demand. Amounts due to related parties consisted of the following: Name of related party Relationship Nature of transactions June 30, 2023 September 30, 2022 Ms. Jinjing Zhang One of the shareholders of King Eagle (Tianjin) Operational support to King Eagle (Tianjin) to meet its working capital requirements 2,207 - Ms. Xiujin Wang One of the shareholders of King Eagle (Tianjin) Operational support to King Eagle (Tianjin) to meet its working capital requirements $ 248,231 $ 267,006 Total $ 250,438 $ 267,006

REVENUE (Tables)

REVENUE (Tables)	9 Months Ended
	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
SCHEDULE OF DISAGGREGATED REVENUES AND COST OF GOODS SOLD	The following table presents revenues and the related cost of goods sold disaggregated by customer type for the three and nine months ended June 30, 2023 and 2022: SCHEDULE OF DISAGGREGATED REVENUES AND COST OF GOODS SOLD 2023 2022 2023 2022 Three months ended June 30, Nine months ended June 30, 2023 2022 2023 2022 Retail $ 49,634 $ 642,596 $ 113,073 $ 7,330,768 Wholesale 411,009 - 1,118,639 - Total $ 460,643 $ 642,596 $ 1,231,712 $ 7,330,768 Revenue $ 460,643 $ 642,596 $ 1,231,712 $ 7,330,768 Cost of Revenue 2023 2022 2023 2022 Three months ended June 30, Nine months ended June 30, 2023 2022 2023 2022 Retail $ 19,386 $ 105,597 $ 45,263 $ 1,152,271 Wholesale 45,492 - 200,839 - Total $ 64,878 $ 105,597 $ 246,102 $ 1,152,271 Cost of Revenue $ 64,878 $ 105,597 $ 246,102 $ 1,152,271

INCOME TAXES (Tables)

INCOME TAXES (Tables)	9 Months Ended
	Jun. 30, 2023
Income Tax Disclosure [Abstract]
SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE BENEFIT	Income tax expense was comprised of the following: SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE BENEFIT 2023 2022 2023 2022 Three months ended June 30, Nine months ended June 30, 2023 2022 2023 2022 Current $ $ $ $ Federal - - - - State - - - - Foreign - - - - Total current - - - - Deferred Federal - - - - State - - - - Foreign - - - - Total deferred - - - - Total income tax expense $ - $ - $ - $ -
SCHEDULE OF RECONCILIATION OF PROVISION OF INCOME TAX	A reconciliation between the Company’s actual provision for income taxes and the provision at the statutory rate is as follows: SCHEDULE OF RECONCILIATION OF PROVISION OF INCOME TAX 2023 2022 2023 2022 Three months ended June 30, Nine months ended June 30, 2023 2022 2023 2022 Loss before income tax expense $ (1,269,411 ) (689,999 ) $ (2,621,745 ) (966,818 ) Computed tax expense (benefit) with statutory tax rate 21.0 % 21.0 % 21.0 % 21.0 % Impact of different tax rates in other jurisdictions 3.9 % 3.5 % 3.7 % 3.2 % Tax effect of non-deductible expenses (0.2 %) (0.1 )% (0.3 %) (0.6 )% Change in valuation allowance (24.7 %) (24.4 )% (24.4 %) (23.6 )% Effective tax rate 0.0 % 0.0 % 0.0 % 0.0 %

RIGHT-OF-USE ASSETS AND LEASE (

RIGHT-OF-USE ASSETS AND LEASE (Tables)	9 Months Ended
	Jun. 30, 2023
Right-of-use Assets And Lease
SUMMARY OF OPERATING LEASE ASSETS AND LIABILITIES	The following table provides a summary of leases as of June 30, 2023 and September 30, 2022: SUMMARY OF OPERATING LEASE ASSETS AND LIABILITIES Assets/liabilities Classification June 30, 2023 September 30, 2022 Assets Operating lease right-of-use assets Operating lease assets $ 517,179 $ 675,655 Liabilities Current Operating lease liabilities – current Current operating lease liabilities $ 295,886 $ 304,753 Long-term Operating lease liabilities - net of current portion Long-term operating lease liabilities $ 164,224 $ 264,124 Total lease liabilities $ 460,110 $ 568,877
SUMMARY OF OPERATING LEASE EXPENSE	The operating lease expense for the nine months ended June 30, 2023 and 2022 was as follows: SUMMARY OF OPERATING LEASE EXPENSE Lease cost Classification 2023 2022 2023 2022 Three months ended June 30, Nine months ended June 30, Lease cost Classification 2023 2022 2023 2022 Operating lease cost General and administrative $ 84,830 $ 118,486 $ 253,512 $ 311,190 Total lease cost $ 84,830 $ 118,486 $ 253,512 $ 311,190
SCHEDULE OF MATURITY OF OPERATING LEASE LIABILITIES	Maturities of operating lease liabilities as of June 30, 2023 were as follow: SCHEDULE OF MATURITY OF OPERATING LEASE LIABILITIES Maturity of lease liabilities Operating leases Remaining of 2023 $ 136,086 2024 312,857 2025 28,960 2026 - 2027 - Thereafter - Total lease payments $ 477,903 Less: interest (17,793 ) Present value of lease payments $ 460,110 Maturities of operating lease liabilities as of September 30, 2022, were as follow: Maturity of lease liabilities Operating leases 2023 $ 328,832 2024 273,520 2025 - 2026 - 2027 - Thereafter - Total lease payments $ 602,352 Less: interest (33,475 ) Present value of lease payments $ 568,877
SCHEDULE OF OPERATING LEASES	Supplemental information related to operating leases was as follows: SCHEDULE OF OPERATING LEASES 2023 2022 2023 2022 Three months ended June 30, Nine months ended June 30, 2023 2022 2023 2022 Cash paid for amounts included in the measurement of lease liabilities $ 133,868 $ 64,218 $ 173,088 $ 338,706 New operating lease assets obtained in exchange for operating lease liabilities $ 110,738 $ 33,221 $ 110,738 $ 608,762

SCHEDULE OF COMPANY INFORMATION

SCHEDULE OF COMPANY INFORMATION AND ORGANIZATIONAL ACTIVITIES (Details) $ / shares in Units, ¥ in Millions	9 Months Ended
	Jun. 30, 2023 USD ($) $ / shares shares	Jun. 30, 2023 HKD ($) shares	Jun. 30, 2023 CNY (¥) shares	Mar. 03, 2023	Oct. 18, 2022 shares	Oct. 12, 2022 $ / shares shares	Oct. 11, 2022 $ / shares shares	Sep. 30, 2022 USD ($) $ / shares shares	Aug. 26, 2022	Sep. 02, 2020	Jun. 28, 2017 $ / shares shares
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Common stock, shares authorized	1,000,000,000	1,000,000,000	1,000,000,000			1,000,000,000	200,000,000	1,000,000,000
Common stock par value | $ / shares	$ 0.0001					$ 0.0001	$ 0.0001	$ 0.0001
Common stock, shares issued	400,000,000	400,000,000	400,000,000		400,000,000			400,000,000
Common stock, shares outstanding	400,000,000	400,000,000	400,000,000		400,000,000			400,000,000
Preferred stock, shares authorized	10,000,000	10,000,000	10,000,000					10,000,000
Preferred stock par value | $ / shares	$ 0.0001							$ 0.0001
Preferred stock, shares issued	0	0	0					0
Preferred stock, shares outstanding	0	0	0					0
Paid in capital | $	$ 164,085							$ (40,000)
Variable Interest Entity, Not Primary Beneficiary [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Business incorporation date	May 15, 2021
Kun Peng International Limited [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Business incorporation date	Jun. 28, 2017
Common stock, shares authorized											1,000,000,000
Common stock par value | $ / shares											$ 0.0001
Common stock, shares issued	400,000,000	400,000,000	400,000,000
Common stock, shares outstanding	400,000,000	400,000,000	400,000,000
Preferred stock, shares authorized	10,000,000	10,000,000	10,000,000
Preferred stock par value | $ / shares	$ 0.0001
Preferred stock, shares issued	0	0	0
Preferred stock, shares outstanding	0	0	0
Description of principal activities	Investment holding
Kun Peng International Holding Limited [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Business incorporation date	Apr. 20, 2021
Common stock par value | $ / shares	$ 0.01
Description of principal activities	Investment holding
Ownership percentage	100%	100%	100%						92%
Paid in Capital | $	$ 400
Kunpeng China Industrial Development Company Limited [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Business incorporation date	Aug. 11, 2017
Common stock, shares authorized	10,000	10,000	10,000
Description of principal activities	Investment holding
Ownership percentage	100%	100%	100%
Common stock par value	$ 1,292	$ 10,000
Kun Peng Hong Kong Industrial Development Limited [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Business incorporation date	Jun. 21, 2021
Common stock, shares authorized	1	1	1
Common stock par value | $ / shares	$ 0.13
Description of principal activities	Investment holding
Ownership percentage	100%	100%	100%
Common stock par value | $		$ 1
Kun Peng Tian Yu Health Technology Tianjin Co Ltd [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Business incorporation date	Aug. 10, 2021
Description of principal activities	Exploring future business opportunities
Ownership percentage	100%	100%	100%	51%
Registered capital value	$ 700,000		¥ 5
King Eagle China Co Ltd [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Business incorporation date	Mar. 20, 2019
Description of principal activities	Providing technical and management support to King Eagle VIE
Ownership percentage				49%
Registered capital value	$ 15,000,000		100
King Eagle Tianjin Technology Co Ltd [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Business incorporation date	Sep. 02, 2020
Description of principal activities	Operating King Eagle Mall
Registered capital value	$ 1,500,000		10
Paid in capital	$ 200,000		¥ 1.4
Chengyuan Li [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Ownership percentage	45.50%	45.50%	45.50%							45.50%
Xiujin Wang [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Ownership percentage	10.50%	10.50%	10.50%							10.50%
Yuanyuan Zhang [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Ownership percentage	10%	10%	10%							10%
Jinjing Zhang [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Ownership percentage	6%	6%	6%							6%
Wanfeng Hu [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Ownership percentage	6%	6%	6%							6%
Cuilian Liu [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Ownership percentage	6%	6%	6%							6%
Zhizhong Wang [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Ownership percentage	6%	6%	6%							6%
Zhandong Fan [Member
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Ownership percentage	5%	5%	5%							5%
Hui Teng [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Ownership percentage	5%	5%	5%							5%
King Eagle Beijing Technology Co Ltd [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Business incorporation date	Dec. 01, 2022
Description of principal activities	Commenced operations in January 2023; operates the new online platform, Kun Zhi Jian
Ownership percentage	100%	100%	100%
Registered capital value	$ 700,000		¥ 5
Paid in capital	$ 700,000		¥ 4.9

ORGANIZATION AND DESCRIPTION _3

ORGANIZATION AND DESCRIPTION OF BUSINESS (Details Narrative) $ / shares in Units, $ / shares in Units, ¥ in Millions														9 Months Ended
		Jun. 30, 2023 USD ($) $ / shares $ / shares shares	Dec. 01, 2022 USD ($)	Dec. 01, 2022 CNY (¥)	Aug. 10, 2021 USD ($)	Jun. 21, 2021 $ / shares	Apr. 20, 2021	Nov. 02, 2020 USD ($)	Nov. 02, 2020 CNY (¥)	Sep. 02, 2020 USD ($)	Sep. 02, 2020 CNY (¥)	Mar. 20, 2019 USD ($)	Mar. 20, 2019 CNY (¥)	Jun. 30, 2023 USD ($) $ / shares shares	Jun. 30, 2023 HKD ($) shares	Mar. 03, 2023	Oct. 18, 2022 $ / shares shares	Oct. 12, 2022 $ / shares shares	Oct. 11, 2022 $ / shares shares	Sep. 30, 2022 USD ($) $ / shares shares	Aug. 26, 2022	Sep. 09, 2021 $ / shares shares	Aug. 11, 2017 $ / shares	Aug. 11, 2017 $ / shares
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Common stock, shares authorized		1,000,000,000												1,000,000,000	1,000,000,000			1,000,000,000	200,000,000	1,000,000,000
Common stock, par value | $ / shares		$ 0.0001												$ 0.0001				$ 0.0001	$ 0.0001	$ 0.0001
Preferred stock, shares authorized		10,000,000												10,000,000	10,000,000					10,000,000
Preferred stock par value | $ / shares		$ 0.0001												$ 0.0001						$ 0.0001
Common stock, shares issued		400,000,000												400,000,000	400,000,000		400,000,000			400,000,000
Common stock, shares outstanding		400,000,000												400,000,000	400,000,000		400,000,000			400,000,000
Ordinary shares | $	[1]	$ 40,000												$ 40,000						$ 40,000
King Eagle China Co Ltd [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Equity method ownership percentage																49%
Kun Peng Tian Yu Health Technology Tianjin Co Ltd [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Equity method ownership percentage		100%												100%	100%	51%
Kun Peng International Holding Limited [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Common stock, par value | $ / shares		$ 0.01												$ 0.01
Equity method ownership percentage		100%												100%	100%						92%
Guoxin Zhengye [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Equity method ownership percentage																					8%
Chengyuan Li [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Equity method ownership percentage		45.50%								45.50%	45.50%			45.50%	45.50%
Xiujin Wang [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Equity method ownership percentage		10.50%								10.50%	10.50%			10.50%	10.50%
Yuanyuan Zhang [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Equity method ownership percentage		10%								10%	10%			10%	10%
Jinjing Zhang [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Equity method ownership percentage		6%								6%	6%			6%	6%
Wanfeng Hu [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Equity method ownership percentage		6%								6%	6%			6%	6%
Cuilian Liu [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Equity method ownership percentage		6%								6%	6%			6%	6%
Zhizhong Wang [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Equity method ownership percentage		6%								6%	6%			6%	6%
Zhandong Fan [Member
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Equity method ownership percentage		5%								5%	5%			5%	5%
Hui Teng [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Equity method ownership percentage		5%								5%	5%			5%	5%
Kun Peng International Holding Limited [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Stock price per share | (per share)																							$ 0.129	$ 1
Kunpeng China Industrial Development Company Limited [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Number of shares of stock issued														10,000
Ordinary shares		$ 1,292												$ 1,292	$ 10,000
Kun Peng Hong Kong Industrial Development Limited [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Share capital | (per share)		$ 1				$ 0.13
Kun Peng Tian Yu Health Technology Co Ltd [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Registered capital | $					$ 5,000,000
King Eagle China [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Registered capital												$ 15,000,000	¥ 100
King Eagle China [Member] | Kun Peng International Holding Limited [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Transferred percentage							7%
King Eagle China [Member] | Guoxin Ruilian Group Co Ltd [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Transferred percentage							8%
Guoxin Ruilian Group Co Ltd [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Transferred amount								$ 2,200,000	¥ 15
Transferred percentage								15%	15%
King Eagle Tianjin [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Registered capital										$ 1,500,000	¥ 10
King Eagle Beijing Technology Co Ltd [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Registered capital			$ 700,000	¥ 5
Capital Units [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Capital stock, shares authorized																						210,000,000
Common Stock [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Common stock, shares authorized																	400,000,000					200,000,000
Common stock, par value | $ / shares																	$ 0.0001	$ 0.0001				$ 0.0001
Preferred Stock [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Preferred stock, shares authorized																						10,000,000
Preferred stock par value | $ / shares																						$ 0.0001
[1]Outstanding shares as of September 30, 2022 retrospectively reflect the 10:1 forward stock split

SCHEDULE OF FOREIGN EXCHANGE RA

SCHEDULE OF FOREIGN EXCHANGE RATES (Details)	Jun. 30, 2023	Sep. 30, 2022	Jun. 30, 2022
Period Average HKD Exchange Rate [Member]
Offsetting Assets [Line Items]
Foreign exchange rate	7.8335		7.8134
Period Average R M B Exchange Rate [Member]
Offsetting Assets [Line Items]
Foreign exchange rate	6.9886		6.4489
Period Closing Rate HKD Exchange Rate [Member]
Offsetting Assets [Line Items]
Foreign exchange rate	7.8363	7.8500
Period Closing Rate R M B Exchange Rate [Member]
Offsetting Assets [Line Items]
Foreign exchange rate	7.2513	7.1159

SCHEDULE OF PROPERTY PLANT AND

SCHEDULE OF PROPERTY PLANT AND EQUIPMENT USEFUL LIVES (Details)	Jun. 30, 2023
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	5 years
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Computer Software [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	5 years

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended	9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2023	Jun. 30, 2023	Jun. 30, 2022
Net cash providing operating activities				$ 142,789	$ (1,689,741)
Net cash providing financing activities				200,327
Net loss	$ 1,269,411	$ 689,999		2,621,745	966,818
Working capital deficit	6,410,379			6,410,379
Monthly sales	460,643	642,596		1,231,712	7,330,768
Accumulated other comprehensive income	239,743	145,766		152,425	111,684
Selling expense	1,231,189	$ 767,506		2,323,347	5,901,192
Sales commissions expense				1,506,180	$ 5,274,068
2023 [Member]
Deferred revenue	1,500,000			1,500,000
2024 [Member]
Deferred revenue	$ 2,700,000			2,700,000
Sales [Member]
Monthly sales			$ 128,512	$ 136,857

SCHEDULE OF VIE OF BALANCE SHEE

SCHEDULE OF VIE OF BALANCE SHEET (Details) - USD ($)		Jun. 30, 2023		Mar. 31, 2023	Sep. 30, 2022		Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Cash and cash equivalent		$ 540,269			$ 267,131
Intercompany receivables-current
Total current Assets		1,255,705			917,479
Intercompany receivables-noncurrent
Total non-current Assets		653,785			863,139
Total assets		1,909,490			1,780,618
Intercompany payables
Total current liabilities		7,666,084			5,172,077
Total noncurrent liabilities		164,224			264,124
Total liabilities		7,830,308			5,436,201
Total shareholders’ Equity		(5,639,864)			(3,374,629)
Non-controlling interests		(280,954)			(280,954)
Total equity		(5,920,818)		$ (4,905,940)	(3,655,583)	[1]	$ (2,873,288)	$ (2,329,055)	$ (2,018,154)
Total liabilities and equity		1,909,490			1,780,618
Parent Company [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Cash and cash equivalent
Intercompany receivables-current
Total current Assets
Intercompany receivables-noncurrent
Total non-current Assets		34,160			34,160
Total assets		34,160			34,160
Intercompany payables		676,487			451,763	[2]
Total current liabilities		691,487	[3]		515,763
Total noncurrent liabilities
Total liabilities		691,487			515,763
Total shareholders’ Equity		(657,327)			(481,603)
Non-controlling interests
Total equity		(657,327)			(481,603)
Total liabilities and equity		34,160			34,160
Non-VIE and Non-WFOE Subsidiaries Consolidated [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Cash and cash equivalent		7,166
Intercompany receivables-current	[4]	243,095
Total current Assets		287,975
Intercompany receivables-noncurrent		4
Total non-current Assets		541,731
Total assets		829,706
Intercompany payables	[5]	1,675,014
Total current liabilities		1,938,705
Total noncurrent liabilities		121,631
Total liabilities		2,060,336
Total shareholders’ Equity		(1,108,492)
Non-controlling interests		(122,138)
Total equity		(1,230,630)
Total liabilities and equity		829,706
WFOE [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Cash and cash equivalent		7			11,581
Intercompany receivables-current					179,211	[6]
Total current Assets		7			250,651
Intercompany receivables-noncurrent
Total non-current Assets					755,365
Total assets		7			1,006,016
Intercompany payables		372	[5]		1,428,180	[7]
Total current liabilities		372			1,924,426
Total noncurrent liabilities					242,100
Total liabilities		372			2,166,526
Total shareholders’ Equity		(365)			(1,038,372)
Non-controlling interests					(122,138)
Total equity		(365)			(1,160,510)
Total liabilities and equity		7			1,006,016
Variable Interest Entity, Primary Beneficiary [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Cash and cash equivalent		533,096			255,536
Intercompany receivables-current		2,058,872	[5]		1,684,751	[7]
Total current Assets		3,269,690			2,530,776
Intercompany receivables-noncurrent
Total non-current Assets		112,058			107,774
Total assets		3,381,748			2,638,550
Intercompany payables
Total current liabilities		7,402,853			4,611,831
Total noncurrent liabilities		42,593			22,024
Total liabilities		7,445,446			4,633,855
Total shareholders’ Equity		(3,904,882)			(1,836,489)
Non-controlling interests		(158,816)			(158,816)
Total equity		(4,063,698)			(1,995,305)
Total liabilities and equity		3,381,748			2,638,550
Consolidation, Eliminations [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Cash and cash equivalent
Intercompany receivables-current		(2,301,967)			(1,863,962)
Total current Assets		(2,301,967)			(1,863,962)
Intercompany receivables-noncurrent		(4)			(4)
Total non-current Assets		(34,164)			(34,164)
Total assets		(2,336,131)			(1,898,126)
Intercompany payables		(2,351,873)			(1,897,156)
Total current liabilities		(2,367,333)			(1,897,156)
Total noncurrent liabilities
Total liabilities		(2,367,333)			(1,897,156)
Total shareholders’ Equity		31,202			(970)
Non-controlling interests
Total equity		31,202			(970)
Total liabilities and equity		$ (2,336,131)			(1,898,126)
Non-Guarantor Subsidiaries [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Cash and cash equivalent					14
Intercompany receivables-current
Total current Assets					14
Intercompany receivables-noncurrent					4
Total non-current Assets					4
Total assets					18
Intercompany payables	[6],[7]				17,213
Total current liabilities					17,213
Total noncurrent liabilities
Total liabilities					17,213
Total shareholders’ Equity					(17,195)
Non-controlling interests
Total equity					(17,195)
Total liabilities and equity					$ 18
[1]Outstanding and issued shares retrospectively reflect the 10:1 forward stock split

SCHEDULE OF VIE DATA OF OPERATI

SCHEDULE OF VIE DATA OF OPERATION (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Revenue	$ 460,643	$ 642,596	$ 1,231,712	$ 7,330,768
Intercompany revenue
Cost of revenue and related tax			246,102	1,152,271
Gross profit	395,765	536,999	985,610	6,178,497
Total operating expenses			3,706,466	7,179,412
Intercompany operating expenses
Loss from operations	(1,259,181)	(690,531)	(2,720,856)	(1,000,915)
Other income	(10,230)	532	99,111	34,097
Loss before income taxes	(1,269,411)	(689,999)	(2,621,745)	(966,818)
Income tax expense
Net loss	(1,269,411)	(689,999)	(2,621,745)	(966,818)
Parent Company [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Revenue
Intercompany revenue
Cost of revenue and related tax
Gross profit
Total operating expenses			175,724	156,450
Intercompany operating expenses
Loss from operations			(175,724)	(156,450)
Other income
Loss before income taxes			(175,724)	(156,450)
Income tax expense
Net loss			(175,724)	(156,450)
Non-VIE and Non-WFOE Subsidiaries Consolidated [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Revenue
Intercompany revenue			248,805
Cost of revenue and related tax			562
Gross profit			248,243
Total operating expenses			239,092	6,331
Intercompany operating expenses
Loss from operations			9,151	(6,331)
Other income			(1,299)
Loss before income taxes			7,852	(6,331)
Income tax expense
Net loss			7,852	(6,331)
WFOE [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Revenue
Intercompany revenue			519,296	1,044,488
Cost of revenue and related tax			1,006	5,865
Gross profit			518,290	1,038,623
Total operating expenses			604,401	1,341,613
Intercompany operating expenses
Loss from operations			(86,111)	(302,990)
Other income			461	4,975
Loss before income taxes			(85,650)	(298,015)
Income tax expense
Net loss			(85,650)	(298,015)
Variable Interest Entity, Primary Beneficiary [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Revenue			1,231,712	7,330,768
Intercompany revenue
Cost of revenue and related tax			244,534	1,146,406
Gross profit	270,119	539,709	987,178	6,184,362
Total operating expenses			2,687,249	5,675,018
Intercompany operating expenses			768,101	1,044,488
Loss from operations	(1,296,602)	(866,774)	(2,468,172)	(535,144)
Other income	(8,953)	2,693	99,949	29,122
Loss before income taxes	(1,305,555)	(864,051)	(2,368,223)	(506,022)
Income tax expense
Net loss	$ (1,305,555)	$ (864,051)	(2,368,223)	(506,022)
Consolidation, Eliminations [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Revenue
Intercompany revenue			(768,101)	(1,044,488)
Cost of revenue and related tax
Gross profit			(768,101)	(1,044,488)
Intercompany operating expenses			(768,101)	(1,044,488)
Loss from operations
Other income
Loss before income taxes
Income tax expense
Net loss

SCHEDULE OF VIE DATA OF CASH FL

SCHEDULE OF VIE DATA OF CASH FLOWS (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Net loss	$ (1,269,411)	$ (689,999)	$ (2,621,745)	$ (966,818)
Intercompany receivables
Intercompany payables
Net cash provided by (used in) operating activities			142,789	(1,689,741)
Net cash used in investing activities			(1,177)	(95,981)
Net cash provided by financing activities			200,327
Effect of exchange rate fluctuation on cash			(33,281)	(10,223)
Parent Company [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Net loss			(175,724)	(156,450)
Intercompany receivables
Intercompany payables			224,724	196,450
Net cash provided by (used in) operating activities
Net cash used in investing activities
Net cash provided by financing activities
Effect of exchange rate fluctuation on cash
Non-VIE and Non-WFOE Subsidiaries Consolidated [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Net loss			7,852	(6,331)
Intercompany receivables			(329,669)
Intercompany payables			335,344	5,625
Net cash provided by (used in) operating activities			9,821	(706)
Net cash used in investing activities			(571)
Net cash provided by financing activities
Effect of exchange rate fluctuation on cash			(10,629)	706
WFOE [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Net loss			(85,650)	(298,015)
Intercompany receivables				(41,943)
Intercompany payables			190,896	360,179
Net cash provided by (used in) operating activities			(13,007)	(7,187)
Net cash used in investing activities			(606)	(95,981)
Net cash provided by financing activities
Effect of exchange rate fluctuation on cash			(10,570)	3,126
Variable Interest Entity, Primary Beneficiary [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Net loss	$ (1,305,555)	$ (864,051)	(2,368,223)	(506,022)
Intercompany receivables			(881,574)	(216,230)
Intercompany payables			443,776	(304,015)
Net cash provided by (used in) operating activities			129,472	(1,681,782)
Net cash used in investing activities
Net cash provided by financing activities			200,327
Effect of exchange rate fluctuation on cash			(16,719)	(14,121)
Consolidation, Eliminations [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Net loss
Intercompany receivables			1,211,243	258,173
Intercompany payables			(1,194,740)	(258,239)
Net cash provided by (used in) operating activities			16,503	(66)
Net cash used in investing activities
Net cash provided by financing activities
Effect of exchange rate fluctuation on cash			$ (16,503)	$ 66

SCHEDULE OF VIE ASSETS AND LIAB

SCHEDULE OF VIE ASSETS AND LIABILITIES INCLUDED IN THE CONSOLIDATED BALANCE SHEETS (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2023	Sep. 30, 2022		Mar. 31, 2022	Sep. 30, 2021
Current assets
Cash and cash equivalents	$ 575,789		$ 575,789			$ 267,131
Advance and prepayments	309,422		309,422			268,306
Other receivables – third parties	60,205		60,205			65,850
Total current assets	1,255,705		1,255,705			917,479
Noncurrent assets
Right-of-use assets	517,179		517,179			675,655
Total noncurrent assets	653,785		653,785			863,139
Total assets	1,909,490		1,909,490			1,780,618
Current liabilities
Trade payables	1,799,000		1,799,000			799,551
Other payables and accrual	880,504		880,504			739,190
Deferred revenue	4,225,748		4,225,748			2,960,357
Payroll payable	63,417		63,417			53,890
Tax payable	151,091		151,091			47,330
Operating lease obligations-current portion	295,886		295,886			304,753
Total current liabilities	7,666,084		7,666,084			5,172,077
Noncurrent liabilities
Operating lease obligations-net of current portion	164,224		164,224			264,124
Total noncurrent liabilities	164,224		164,224			264,124
Total liabilities	7,830,308		7,830,308			5,436,201
Commitment and contingencies
Equity
Additional paid-in capital	164,085		164,085			(40,000)
Accumulated deficits	(6,275,741)		(6,275,741)			(3,653,996)
Accumulated other comprehensive income	431,792		431,792			279,367
Total stockholders’ equity	(5,639,864)		(5,639,864)			(3,374,629)
Non-controlling interests	(280,954)		(280,954)			(280,954)
Total equity	(5,920,818)	$ (2,873,288)	(5,920,818)	$ (2,873,288)	$ (4,905,940)	(3,655,583)	[1]	$ (2,329,055)	$ (2,018,154)
Total liabilities and equity	1,909,490		1,909,490			1,780,618
Cost of revenue	(64,878)	(105,597)	(246,102)	(1,152,271)
Gross profit	395,765	536,999	985,610	6,178,497
Operating expenses
General and administrative expenses	423,757	460,024	1,383,119	1,278,220
Selling expense	1,231,189	767,506	2,323,347	5,901,192
Total operating expenses	1,654,946	1,227,530	3,706,466	7,179,412
Loss from operations	(1,259,181)	(690,531)	(2,720,856)	(1,000,915)
Other (expenses) income:
Interest income	122	61	218	1,776
Other (expenses) income	(10,352)	471	98,893	32,321
Total other (expenses) income, net	(10,230)	532	99,111	34,097
Loss before income taxes	(1,269,411)	(689,999)	(2,621,745)	(966,818)
Income tax expense
Net loss	(1,269,411)	(689,999)	(2,621,745)	(966,818)
Less: Net loss attributable to non-controlling interest		(50,324)		(64,323)
Net loss attributable to common stockholders	(1,269,411)	(639,675)	(2,621,745)	(902,495)
Cash flows from operating activities
Net loss	(1,269,411)	(689,999)	(2,621,745)	(966,818)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities
Amortization of right-of-use assets	48,028	127,369	237,538	305,054
Changes in operating assets and liabilities
Advance and prepayments			(44,048)	99,371
Other receivables – third parties			4,582	(23,467)
Security deposits				(53,231)
Trade payable – third parties			1,052,509	43,052
Other payables and accrual – third parties			161,547	(701,066)
Deferred revenue			1,370,302	(144,800)
Payroll payable			10,930	(39,100)
Amounts due to related parties			(12,020)	255,318
Tax payable			124,620	(158,430)
Lease liabilities			(187,951)	(353,325)
Net cash provided by (used in) operating activities			142,789	(1,689,741)
Cash flows from financing activities
Capital contribution			200,327
Net cash provided by financing activities			200,327
Effect of exchange rate changes on cash			(33,281)	(10,223)
Net increase (decrease) in cash and cash equivalents			308,658	(1,795,945)
Cash and cash equivalents, beginning balance			267,131	2,059,685
Cash and cash equivalents, ending balance	575,789	263,740	575,789	263,740
Related Party [Member]
Current liabilities
Amounts due to related parties	250,438		250,438			267,006
Variable Interest Entity, Primary Beneficiary [Member]
Current assets
Cash and cash equivalents	568,616		568,616			255,536
Trade receivable-intercompany	1,471,239		1,471,239			1,499,226
Advance and prepayments	274,915		274,915			214,188
Other receivables – third parties	56,998		56,998			60,109
Other receivables – intercompany	587,633		587,633			185,525
Amount due from a related party	310,289		310,289			316,192
Total current assets	3,269,690		3,269,690			2,530,776
Noncurrent assets
Right-of-use assets	112,058		112,058			107,774
Total noncurrent assets	112,058		112,058			107,774
Total assets	3,381,748		3,381,748			2,638,550
Current liabilities
Trade payables	1,799,000		1,799,000			764,418
Other payables and accrual	865,374		865,374			489,003
Deferred revenue	4,225,748		4,225,748			2,960,357
Payroll payable	34,973		34,973			4,312
Tax payable	160,424		160,424			41,345
Operating lease obligations-current portion	66,896		66,896			85,390
Total current liabilities	7,402,853		7,402,853			4,611,831
Noncurrent liabilities
Operating lease obligations-net of current portion	42,593		42,593			22,024
Total noncurrent liabilities	42,593		42,593			22,024
Total liabilities	7,445,446		7,445,446			4,633,855
Equity
Additional paid-in capital	204,085		204,085
Accumulated deficits	(4,380,976)		(4,380,976)			(1,998,652)
Accumulated other comprehensive income	272,009		272,009			162,163
Total stockholders’ equity	(3,904,882)		(3,904,882)			(1,836,489)
Non-controlling interests	(158,816)		(158,816)			(158,816)
Total equity	(4,063,698)		(4,063,698)			(1,995,305)
Total liabilities and equity	3,381,748		3,381,748			2,638,550
Revenue, net	337,031	642,596	1,231,712	7,330,768
Cost of revenue	(66,912)	(102,887)	(244,534)	(1,146,406)
Gross profit	270,119	539,709	987,178	6,184,362
Operating expenses
General and administrative expenses	242,687	90,281	557,152	215,072
Selling expense	1,324,034	1,316,172	2,898,198	6,504,434
Total operating expenses	1,566,721	1,406,453	3,455,350	6,719,506
Loss from operations	(1,296,602)	(866,774)	(2,468,172)	(535,144)
Other (expenses) income:
Interest income	119	49	203	1,704
Other (expenses) income	(9,072)	2,644	99,746	27,418
Total other (expenses) income, net	(8,953)	2,693	99,949	29,122
Loss before income taxes	(1,305,555)	(864,051)	(2,368,223)	(506,022)
Income tax expense
Net loss	(1,305,555)	(864,051)	(2,368,223)	(506,022)
Less: Net loss attributable to non-controlling interest		(69,120)		(40,482)
Net loss attributable to common stockholders	(1,305,555)	(794,931)	(2,368,223)	(465,540)
Cash flows from operating activities
Net loss	(1,305,555)	(864,051)	(2,368,223)	(506,022)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities
Amortization of right-of-use assets			64,101	85,040
Changes in operating assets and liabilities
Advance and prepayments			(67,159)	60,562
Trade receivable – intercompany			(443,092)
Other receivables – third parties			2,063	(48,489)
Other receivables - intercompany			(438,482)	(216,230)
Amount due from a related party
Security deposits				(9,296)
Trade payable – third parties			1,088,282	43,052
Other payables and accrual – third parties			399,992	(660,308)
Other payables and accrual – intercompany			1,513
Deferred revenue			1,370,302	(144,800)
Payroll payable			31,898	(9,525)
Amounts due to related parties			(12,020)	294,932
Tax payable			124,358	(183,813)
Lease liabilities			(66,324)	(82,870)
Net cash provided by (used in) operating activities			129,472	(1,681,782)
Cash flows from financing activities
Capital contribution			200,327
Net cash provided by financing activities			200,327
Effect of exchange rate changes on cash			(16,719)	(14,121)
Net increase (decrease) in cash and cash equivalents			313,080	(1,695,903)
Cash and cash equivalents, beginning balance			255,536	1,938,642
Cash and cash equivalents, ending balance	568,616	$ 242,739	568,616	242,739
Variable Interest Entity, Primary Beneficiary [Member] | Related Party [Member]
Current liabilities
Amounts due to related parties	$ 250,438		250,438			$ 267,006
Variable Interest Entity, Primary Beneficiary [Member] | Nonrelated Party [Member]
Changes in operating assets and liabilities
Trade payable – intercompany			$ 442,263	$ (304,015)
[1]Outstanding and issued shares retrospectively reflect the 10:1 forward stock split

VARIABLE INTEREST ENTITIES _V_3

VARIABLE INTEREST ENTITIES “VIE” ARRANGEMENTS (Details Narrative) ¥ in Millions, $ in Millions	Sep. 02, 2020 USD ($)	Sep. 02, 2020 CNY (¥)	Jun. 30, 2023
Chengyuan Li [Member]
Equity method ownership percentage	45.50%	45.50%	45.50%
Xiujin Wang [Member]
Equity method ownership percentage	10.50%	10.50%	10.50%
Jinjing Zhang [Member]
Equity method ownership percentage	6%	6%	6%
Wanfeng Hu [Member]
Equity method ownership percentage	6%	6%	6%
Cuilian Liu [Member]
Equity method ownership percentage	6%	6%	6%
Zhizhong Wang [Member]
Equity method ownership percentage	6%	6%	6%
Zhandong Fan [Member
Equity method ownership percentage	5%	5%	5%
Yuanyuan Zhang [Member]
Equity method ownership percentage	10%	10%	10%
Hui Teng [Member]
Equity method ownership percentage	5%	5%	5%
King Eagle Tianjin [Member]
Registered capital	$ 1.5	¥ 10

SCHEDULE OF PREPAYMENTS (Detail

SCHEDULE OF PREPAYMENTS (Details) - USD ($)		Jun. 30, 2023	Sep. 30, 2022
Advance And Prepayments
Prepaid rent and building management and utilities		$ 22,707	$ 23,324
Prepaid supplies	[1]	211,607	202,150
Prepaid income tax		5,058	5,154
Prepaid VAT tax		38,250
Prepaid professional services	[2]	21,946	25,941
Prepaid others		9,854	11,737
Total prepayments		$ 309,422	$ 268,306
[1]As of June 30, 2023 and September 30, 2022, the Company had prepaid supplies of $ 211,607 202,150 9,194 12,752

SCHEDULE OF PREPAYMENTS (Deta_2

SCHEDULE OF PREPAYMENTS (Details) (Parenthetical) - USD ($)		9 Months Ended	12 Months Ended
		Jun. 30, 2023	Sep. 30, 2022
Advance And Prepayments
Prepaid supplies	[1]	$ 211,607	$ 202,150
Prepayments		9,194	9,369
Promotional and marketing fee		$ 12,752	$ 16,572
[1]As of June 30, 2023 and September 30, 2022, the Company had prepaid supplies of $ 211,607 202,150

SCHEDULE OF OTHER RECEIVABLES (

SCHEDULE OF OTHER RECEIVABLES (Details) - USD ($)	Jun. 30, 2023	Sep. 30, 2022
Receivables [Abstract]
Rental deposits	$ 13,177	$ 14,735
Advance to employees	11,575	45,250
Short-term borrowing to third parties	33,097	2,188
Others	2,356	3,677
Total other receivables, net	$ 60,205	$ 65,850

SCHEDULE OF PROPERTY AND EQUIPM

SCHEDULE OF PROPERTY AND EQUIPMENT (Details) - USD ($)	Jun. 30, 2023	Sep. 30, 2022
Property, Plant and Equipment [Line Items]
Subtotal	$ 166,948	$ 170,115
Less: accumulated depreciation	(80,002)	(36,092)
Total property and equipment, net	86,946	134,023
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Subtotal	124,931	127,301
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Subtotal	1,212	1,235
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Subtotal	39,353	40,099
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Subtotal	$ 1,452	$ 1,480

PROPERTY AND EQUIPMENT, NET (De

PROPERTY AND EQUIPMENT, NET (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Depreciation	$ 15,361	$ 8,069	$ 46,250	$ 43,689

SCHEDULE OF INTANGIBLE ASSET (D

SCHEDULE OF INTANGIBLE ASSET (Details) - USD ($)	Jun. 30, 2023	Sep. 30, 2022
Indefinite-Lived Intangible Assets [Line Items]
Subtotal	$ 3,573	$ 2,449
Less: accumulated amortization	(660)	(367)
Total intangible assets, net	2,913	2,082
Trademarks [Member]
Indefinite-Lived Intangible Assets [Line Items]
Subtotal	$ 3,573	$ 2,449

INTANGIBLE ASSETS (Details Narr

INTANGIBLE ASSETS (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Amortization of intangible assets	$ 93	$ 67	$ 275	$ 203
July 2031 [Member]
Intangible assets	1,051		1,051
April 2031 [Member]
Intangible assets	1,352		1,352
October 2033 [Member]
Intangible assets	$ 1,170		$ 1,170

SCHEDULE OF DEFERRED REVENUE (D

SCHEDULE OF DEFERRED REVENUE (Details) - USD ($)	Jun. 30, 2023	Sep. 30, 2022
Deferred Revenue
Advance payments from customers	$ 4,225,748	$ 2,960,357
Total deferred revenue	$ 4,225,748	$ 2,960,357

DEFERRED REVENUE (Details Narra

DEFERRED REVENUE (Details Narrative) - USD ($)	Jun. 30, 2023	Sep. 30, 2022
Disaggregation of Revenue [Line Items]
Deferred revenue	$ 4,225,748	$ 2,960,357
2023 [Member]
Disaggregation of Revenue [Line Items]
Deferred revenue	1,500,000
2024 [Member]
Disaggregation of Revenue [Line Items]
Deferred revenue	$ 2,700,000

SCHEDULE OF AMOUNTS DUE TO RELA

SCHEDULE OF AMOUNTS DUE TO RELATED PARTIES (Details) - USD ($)	9 Months Ended
	Jun. 30, 2023	Sep. 30, 2022	Aug. 31, 2022	Apr. 26, 2022
Guoxin Zhengye Enterprise Management Co Ltd [Member]
Related Party Transaction [Line Items]
Ownership percentage			8%	8%
Guoxin Star Network Co Ltd [Member]
Related Party Transaction [Line Items]
Relationship	It is wholly owned by Guoxin Ruilian Group Co., Ltd, the common shareholder of Guoxin Zhengye, which owned an 8% interest in King Eagle (China) until August 2022
Nature of transactions	Prepaid services for the operation of Smart Kiosks
Related Party [Member]
Related Party Transaction [Line Items]
Due to related parties	$ 310,289	$ 316,192
Due to related parties	250,438	267,006
Related Party [Member] | Guoxin Star Network Co Ltd [Member]
Related Party Transaction [Line Items]
Due to related parties	$ 310,289	316,192
MrJinjing Zhang [Member]
Related Party Transaction [Line Items]
Relationship	One of the shareholders of King Eagle (Tianjin)
Nature of transactions	Operational support to King Eagle (Tianjin) to meet its working capital requirements
Due to related parties	$ 2,207
MrXiujin Wang [Member]
Related Party Transaction [Line Items]
Relationship	One of the shareholders of King Eagle (Tianjin)
Nature of transactions	Operational support to King Eagle (Tianjin) to meet its working capital requirements
Due to related parties	$ 248,231	$ 267,006

RELATED PARTY BALANCES AND TR_3

RELATED PARTY BALANCES AND TRANSACTIONS (Details Narrative)	Jun. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Aug. 31, 2022	Apr. 26, 2022	Apr. 30, 2021 USD ($)	Apr. 30, 2021 CNY (¥)	Mar. 31, 2021 USD ($)	Mar. 31, 2021 CNY (¥)
Related Party Transaction [Line Items]
Exercise the force of contract	$ 60,205	$ 65,850
Tianjin [Member] | Cooperation Agreement [Member]
Related Party Transaction [Line Items]
Exercise the force of contract					$ 310,000	¥ 2,250,000	$ 1,000,000	¥ 7,500,000
Remaining obligation of related party					$ 720,000	¥ 5,300,000
Guoxin Zhengye Enterprise Management Co Ltd [Member]
Related Party Transaction [Line Items]
Ownership percentage			8%	8%

EQUITY (Details Narrative)

EQUITY (Details Narrative) - USD ($)	Jun. 30, 2023	Oct. 18, 2022	Oct. 12, 2022	Oct. 11, 2022	Sep. 30, 2022	Sep. 09, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, par value	$ 0.0001		$ 0.0001	$ 0.0001	$ 0.0001
Common stock, shares authorized	1,000,000,000		1,000,000,000	200,000,000	1,000,000,000
Preferred stock, shares authorized	10,000,000				10,000,000
Preferred stock, par value	$ 0.0001				$ 0.0001
Preferred stock, shares outstanding	0				0
Common stock, shares outstanding	400,000,000	400,000,000			400,000,000
King Eagle China [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Negative net asset	$ 1,203,863				$ 844,025
King Eagle Tianjin [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Negative net asset	2,480,357				2,311,792
KP Tian Yu [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Negative net asset	365				$ 351
King Eagle Bejing [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Negative net asset	$ 884,376
Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, par value		$ 0.0001	$ 0.0001			$ 0.0001
Common stock, shares authorized		400,000,000				200,000,000
Common Stock [Member] | Minimum [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, shares authorized			200,000,000
Common Stock [Member] | Maximum [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, shares authorized			1,000,000,000

SCHEDULE OF DISAGGREGATED REVEN

SCHEDULE OF DISAGGREGATED REVENUES AND COST OF GOODS SOLD (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Disaggregation of Revenue [Line Items]
Revenue	$ 460,643	$ 642,596	$ 1,231,712	$ 7,330,768
Cost of Revenue	64,878	105,597	246,102	1,152,271
Retail Customer [Member]
Disaggregation of Revenue [Line Items]
Revenue	49,634	642,596	113,073	7,330,768
Cost of Revenue	19,386	105,597	45,263	1,152,271
Wholesale Customer [Member]
Disaggregation of Revenue [Line Items]
Revenue	411,009		1,118,639
Cost of Revenue	$ 45,492		$ 200,839

SCHEDULE OF COMPONENTS OF INCOM

SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE BENEFIT (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Federal
State
Foreign
Total current
Federal
State
Foreign
Total deferred
Total income tax expense

SCHEDULE OF RECONCILIATION OF P

SCHEDULE OF RECONCILIATION OF PROVISION OF INCOME TAX (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Loss before income tax expense	$ (1,269,411)	$ (689,999)	$ (2,621,745)	$ (966,818)
Computed tax expense (benefit) with statutory tax rate	21%	21%	21%	21%
Impact of different tax rates in other jurisdictions	3.90%	3.50%	3.70%	3.20%
Tax effect of non-deductible expenses	(0.20%)	(0.10%)	(0.30%)	(0.60%)
Change in valuation allowance	(24.70%)	(24.40%)	(24.40%)	(23.60%)
Effective tax rate	0%	0%	0%	0%

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) $ in Thousands, $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023 USD ($)	Jun. 30, 2023 HKD ($)	Jun. 30, 2022
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Percentage of statutory income tax rate	21%	21%	21%	21%	21%
PRC [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Percentage of statutory income tax rate			25%	25%
PRC [Member] | VIE [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Percentage of statutory income tax rate			25%	25%
HK [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Profits tax rate			$ 260	$ 2
Percentage of profits tax			16.50%	16.50%
HK [Member] | Minimum [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Percentage of profits tax			8.25%	8.25%

SUMMARY OF OPERATING LEASE ASSE

SUMMARY OF OPERATING LEASE ASSETS AND LIABILITIES (Details) - USD ($)	Jun. 30, 2023	Sep. 30, 2022
Right-of-use Assets And Lease
Operating lease right-of-use-assets	$ 517,179	$ 675,655
Operating lease, liability, current	295,886	304,753
Operating lease liability - net of current portion	164,224	264,124
Total lease liabilities	$ 460,110	$ 568,877

SUMMARY OF OPERATING LEASE EXPE

SUMMARY OF OPERATING LEASE EXPENSE (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Total lease cost	$ 84,830	$ 118,486	$ 253,512	$ 311,190
General and Administrative Expense [Member]
Operating lease cost	$ 84,830	$ 118,486	$ 253,512	$ 311,190

SCHEDULE OF MATURITY OF OPERATI

SCHEDULE OF MATURITY OF OPERATING LEASE LIABILITIES (Details) - USD ($)	Jun. 30, 2023	Sep. 30, 2022
Right-of-use Assets And Lease
Remaining of 2023	$ 136,086
2023	312,857	$ 328,832
2024	28,960	273,520
2025
2026
Total lease payments	477,903	602,352
Less: interest	(17,793)	(33,475)
Present value of lease payments	$ 460,110	568,877
2027
Thereafter

SCHEDULE OF OPERATING LEASES (D

SCHEDULE OF OPERATING LEASES (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Right-of-use Assets And Lease
Cash paid for amounts included in the measurement of lease liabilities	$ 133,868	$ 64,218	$ 173,088	$ 338,706
New operating lease assets obtained in exchange for operating lease liabilities	$ 110,738	$ 33,221	$ 110,738	$ 608,762

RIGHT-OF-USE ASSETS AND LEASE_2

RIGHT-OF-USE ASSETS AND LEASE (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Right-of-use Assets And Lease
Amortization expense	$ 48,028	$ 127,369	$ 237,538	$ 305,054

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative)	Mar. 31, 2021 USD ($)	Jun. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Apr. 30, 2022 USD ($)	Apr. 30, 2022 CNY (¥)	Apr. 30, 2021 USD ($)	Apr. 30, 2021 CNY (¥)	Mar. 31, 2021 CNY (¥)
Tianjin [Member]
Other Commitments [Line Items]
Franchised operation	5 years
Franchise fee payable	$ 1,000,000					$ 310,000	¥ 2,250,000	¥ 7,500,000
Remaining balance of franchise fee payable				$ 720,000	¥ 250,000
Purchase and Service Commitments [Member] | King Eagle China [Member]
Other Commitments [Line Items]
Purchase and service commitments		$ 389,484	$ 53,910
Purchase and Service Commitments [Member] | King Eagle Tianjin [Member]
Other Commitments [Line Items]
Purchase and service commitments		$ 389,484	$ 53,910